Yusuke Sakata () (Departmen of Economics, Kinki University) Junyi Shen (Osaka School of Interna ional Public Policy, Osaka University) Yoshizo Hashimoto (Osaka School of Interna ional Public Policy, Osaka University)
Abstract
Transport modal choice is considered to be influenced by natural environmental change and transport network improvement. This paper reveals how these impacts affect individualsf decisions on selecting transport mode under an extension plan of Osaka Monorail Loop-line. To estimate these impacts, a Stated Choice (SC) experiment is carried out for collecting the neighborhood data around the monorailfs extended area. Our model is estimated by the Heteroscedastic Extreme Value (HEV) specification in order to avoid Independence from Irrelevant Alternatives (IIA) assumption in the Multinomial Logit (MNL) model. Both the results of full-sample and sub-sample data imply that residents prefer public transport modes (monorail or bus) to private car when either natural environment becomes worse or transport network is improved.
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Publisher Info
Paper provided by Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP) in its series Discussion Papers in Economics and Business with number
06-04.
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