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Tolls, Exchange Rates, and Borderplex International Bridge Traffic

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Author Info

  • De Leon, Marycruz
  • Fullerton, Thomas M., Jr.
  • Kelley, Brian W.

Abstract

Budget 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 Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 19861.

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Date of creation: Jun 2009
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Publication status: Published in International Journal of Transport Economics 2.36(2009): pp. 223-259
Handle: RePEc:pra:mprapa:19861

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Related research

Keywords: Bridge Traffic; Tolls; Applied Econometrics; Mexico Border;

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References

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  7. Ferrari, Paolo, 2002. "Road network toll pricing and social welfare," Transportation Research Part B: Methodological, Elsevier, vol. 36(5), pages 471-483, June.
  8. Thomas M Fullerton Jr, 2004. "Specification of a Borderplex Econometric Forecasting Model," Urban/Regional 0405006, EconWPA.
  9. Brownstone, David & Ghosh, Arindam & Golob, Thomas F. & Kazimi, Camilla & Van Amelsfort, Dirk, 2003. "Drivers' willingness-to-pay to reduce travel time: evidence from the San Diego I-15 congestion pricing project," Transportation Research Part A: Policy and Practice, Elsevier, vol. 37(4), pages 373-387, May.
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  12. Lave, Charles, 1994. "The Demand Curve Under Road Pricing and the Problem of Political Feasibility," University of California Transportation Center, Working Papers qt5165m7jr, University of California Transportation Center.
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  14. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1996. "Second-Best Congestion Pricing: The Case of an Untolled Alternative," Journal of Urban Economics, Elsevier, vol. 40(3), pages 279-302, November.
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  16. Olszewski, Piotr & Xie, Litian, 2005. "Modelling the effects of road pricing on traffic in Singapore," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(7-9), pages 755-772.
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  18. Thomas M Fullerton Jr, 2005. "Borderplex Bridge and Air Econometric Forecast Accuracy," Urban/Regional 0501005, EconWPA.
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Citations

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Cited by:
  1. Michael J. Pisani & Thomas M. Fullerton, Jr., 2013. "Microenterprise Peso Acceptance in El Paso, Texas," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(2), pages 75-94, November.
  2. Charles, Jacky S. & Fullerton, Thomas M., Jr., 2012. "An Error Correction Analysis of Visitor Arrivals to the Bahamas," MPRA Paper 43064, University Library of Munich, Germany.
  3. Fullerton, Thomas M., Jr. & Munoz Sapien, Gabriel & Barraza de Anda, Martha P. & Dominguez Ruvalcaba, Lisbeily, 2011. "Dinámica del Consumo de Gasolina en Ciudad Juárez, Chihuahua
    [Gasoline Consumption Dynamics in Ciudad Juárez, Chihuahua]
    ," MPRA Paper 46853, University Library of Munich, Germany, revised 15 Jun 2012.

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