A dynamic panel analysis of urban metro demand

A dynamic panel model is used to estimate the effect that fares, income and quality of service have on demand for a sample of 22 urban metros. The estimated price elasticity is −0.05 in the short run and −0.33 in the long run. The estimated long run income elasticity is small but positive (0.18), in...

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Veröffentlicht in:Transportation research. Part E, Logistics and transportation review Logistics and transportation review, 2009-09, Vol.45 (5), p.787-794
Hauptverfasser: Graham, Daniel J., Crotte, Amado, Anderson, Richard J.
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Sprache:eng
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