Abstract
Railway freight demand is a part of the railway freight market, so the understanding of this demand is the basis for the market-oriented reform of railway freight prices. The price elasticity of railway freight demand is one of the important tools to understand this demand. Therefore, based on a more reasonable freight rate calculation method and commodity demand indicator, this paper estimates the price elasticity of railway freight demand for some goods according to the commodities category of railway freight rate rules. Estimates show that the freight demand for coal and coke is inelastic while the non-metallic ore, cement and grain is elastic, which is mainly caused by the difference in transportation distance. Based on the estimated elasticity, this paper provides suggestions for the market-oriented reform of railway freight rate.
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