00312461

Component

http://onlinepubs.trb.org...s/trr/1979/731/731-002.pdf

https://scholar.google.co...BERG&publication_year=1979

This paper surveys the available empirical evidence on the elasticity of travel demand to assess the potential of pricing policies to alter travel behavior and thereby to solve various urban transportation problems. The first set of studies considers the responsiveness of fuel use to changes in gasoline price. The second set, econometric models of urban travel demand, estimates the direct and cross-price elasticities of the use of different modes with respect to different components of trip cost. The third set of evidence is composed of arc elasticity estimates based on the impacts on travel behavior of actual changes in the levels of roadway user charges and transit fares. For each study dealt with, the paper briefly summarizes its methodology, data base, and findings and subjects these to critical evaluation. The paper concludes with an evaluation of the body of results for the usefulness of pricing policies in urban transportation. (Authors)

Publication of this paper sponsored by Task Force on Economic Analysis. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.

00391841

HS-028 843

pp 19-29

1979

Transportation Research Record

0309029864

Print

References (22) ; Tables (3)

Costs; Econometric models; Elasticity (Mechanics); Fares; Gasoline; Prices; Pricing; Transportation policy; Travel; Travel behavior; Travel demand; Urban transportation; User charges

Trip

Economics; Finance; Highways; Policy; Public Transportation; Society

HSL, TRIS, TRB

Oct 27 1985 12:00AM

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