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Author:Cervero, R.
Hansen, M.
Title:Induced travel demand and induced road investment: a simultaneous equation analysis
Journal:Journal of Transport, Economics and Policy
2002 : SEP, VOL. 36:3, p. 469-490
Index terms:Travel
Traffic
Road transport
Models
Language:eng
Abstract:The authors present simultaneous models that predict induced travel demand and induced road investment using an array of instrument variables reflecting political, environmental, and demographic influences. From a panel data set consisting 22 years of observations for 34 California urban counties, short-run elasticities are estimated.
SCIMA record nr: 245549
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