63 research outputs found
Cross-elasticities of demand for travel
This paper derives a set of cross-elasticities of demand at the national level for travel in Great Britain. The elasticities consist of cross-elasticities between car travel and the fares on six different public transport modes, and between travel on these six modes and the price of petrol. The cross-elasticity values are calculated using previous estimates of own-price elasticities, data on modal traffic levels, and 'diversion factors' derived from a survey of transport experts.
Local Transportation Policy and the Environment
Pollution, Transportation, Road pricing, Public transport subsidies, Driving restrictions, Q53, R41,
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