Induced Travel Demand: Evidence from a Pseudo Panel Data Based Structural Equations Model

In: Research in Transportation Economics, 25, 8-18.  Mehr
While previous studies have focused on specific and localised changes, the research described in this paper deals with the aggregate effects of changed generalised costs of travel on traffic generation. The generalised cost and accessibility elasticities estimated with a structural equations model for a pseudo-panel are surprisingly substantial.

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