Recreational Trip Generation.
A Cross Section Analysis of Weekend Pleasure Trips to the Lake
District
May
1969, Vol. 3, No. 2, Page 152.
N.W. Mansfield
An analysis of day and half-day trips from various regions in the
north of England
shows that variations are largely explained by cost and car ownership levels;
competing opportunities for recreation seem to have little effect. There is high "price" elasticity of
demand for pleasure trips.
The Price Elasticity of Demand for Air Travel.
Some New Evidence
September
1976, Vol. 10, No. 3, Page 257.
J.M. Jung E.T. Fuji
The authors find that demand for air travel is price elastic for
distances under 500 miles in east and south USA. Some carriers have increased profits by reducing
fares.
A
Coherence Approach to Estimates of Price Elasticities in the Vacation
Travel Market
January
1980, Vol. 14, No. 1, Page 19.
J.H.E. Taplin
This paper examines five sectors of the vacation travel market
and estimates cross-elasticities within the range of feasible values.
Transit
Service Elasticities. Evidence
from Demonstrations and Demand Models
May
1981, Vol. 15, No. 2, Page 99.
A.M. Lago P. Mayworm
J.M. McEnroe
There is little elasticity of demand for improvements in transit
service, especially where service is already good.
Headways are more important than in-vehicle time.
Information is lacking on reliability, availability of seats, and
transfers.
Inferring
Ordinary Elasticities from Choice or Mode-Split Elasticities
January
1982, Vol. 16, No. 1, Page 55.
J.H.E. Taplin
It may be possible to infer ordinary from mode-choice elasticities
on the basis of second stage elasticities derived from one ordinary elasticity
estimate. Failing that, the range of feasible values may
be narrowed by constraints.
Some
Characteristics of Rail Commuter Demand
May
1983, Vol. 17, No. 2, Page 115.
S. Glaister
The results of this study suggest that annual season tickets are
too cheap and that cheap day tickets are too dear.
Small changes in service frequency had no noticeable effect.
Elasticity
Measures and Disaggregate Choice Models
May
1984, Vol. 18, No. 2, Page 189.
J.P. Dunne
There are dangers in the use of some measures, but an approximate
arc elasticity performs well.
An
Almost Ideal Demand System for Visitor Expenditures
May
1985, Vol. 19, No. 2, Page 161.
E.T. Fujii M. Khaled
J. Mak
The authors analyse expenditure by visitors to Hawaii
on six categories of goods, and estimate own and cross price elasticities
of demand.
Alternative
Demand Models and their Elasticity Estimates
May
1989, Vol. 23, No. 2, Page 163.
T.H. Oum
Choice of functional form for the demand (forecasting) model is
very important for empirical research.
Of the five models examined, the translog demand system with theoretical
constraints imposed upon the parameters performs the best.
But further investigation is needed.
Public
Transport Demand Elasticities in Spain
May
1990, Vol. 24, No. 2, Page 189.
G. de Rus
From his study of elasticities the author concludes that patronage
of public transport in Spanish cities could be increased by adjustment
of the proportionate charges for cash fares and multiple-ride tickets,
and by increasing fares to provide higher frequencies.
The
Demand for Travel and for Travelcards on London
Regional Transport
January
1991, Vol. 25, No. 1, Page 3.
C.L. Gilbert H. Jalilian
The authors develop a joint model for the demand for travel and
the demand for travelcards. The
estimates are that demand for underground travel is inelastic while the
demand for bus travel is elastic. Simulation
analysis attributes between one third and one half of the rise in demand
for underground travel in the period 1982-87 to employment growth; and
between one half and two thirds to the introduction of travelcards.
Concepts
of Price Elasticities of Transport Demand and Recent Empirical Estimates
May
1992, Vol. 26, No. 2, Page 139.
T.H. Oum W.G., Jr. Waters
J.-S. Yong
The authors consider various concepts of demand elasticities, and
several improvements in the methodology of transport demand studies are
described. They also summarise the results for over sixty
recent studies, and identify a number of problems along with suggested
priorities for future research.
A
Review of New Demand Elasticities with Special Reference to Short and
Long Run Effects of Price Changes
May
1992, Vol. 26, No. 2, Page 155.
P.B. Goodwin
A literature review suggests that increases in real fuel prices
would lead to a short run reduction in both traffic and consumption, due
to more careful driving and differential responses for different journeys. In the longer run the effects would be increased.
It is suggested that non-dynamic estimation methods are biased,
and that transport prices have wider effects, and are a more important
lever of transport policy, than has sometimes been assumed.
Inter-Firm
Rivalry and Firm-Specific Price Elasticities in Deregulated Airline Markets
May
1993, Vol. 27, No. 2, Page 171.
T.H. Oum A. Zhang Y. Zhang
This paper examines the pattern of a firm's pricing rivalry and
its associated price elasticities in a set of duopoly routes.
The parameters of the marginal cost function are also estimated. This model allows for free variation of estimated
"conduct parameters" and price elasticities across airline routes.
The
Role of Wealth in Demand for International Air Travel
May
1994, Vol. 28, No. 2, Page 163.
G. Alperovich Y. Machnes
The authors formulate and estimate a model of international air
travel demand for Israel. Consumers' wealth is found to be a significant
determinant and failure to include it in the estimated equations yields
price elasticities which are biased downward and income elasticities which
are biased upward.
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