Tolls, Exchange Rates, and Borderplex International Bridge Traffic
AbstractBudget constraints are forcing many governments to consider implementing tolls as a means for financing bridge and road expenditures. Newly available time series data make it possible to analyze the impacts of toll variations and international business cycle fluctuations on cross-border bridge traffic between El Paso and Ciudad Juarez. Parameter estimation is carried out using a linear transfer function ARIMA methodology. Price elasticities of demand are similar to those reported for other regional economies, but out-of-sample forecasting results are mixed.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 19861.
Date of creation: Jun 2009
Date of revision:
Publication status: Published in International Journal of Transport Economics 2.36(2009): pp. 223-259
Bridge Traffic; Tolls; Applied Econometrics; Mexico Border;
Find related papers by JEL classification:
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion
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