Measuring unobserved prices using the structural time-series model: The case of cycling
This study presents a means of determining a historic (generalised cost based) price index for cycling in the UK for the period 1949-2006 using annual demand data. By specifying demand as a function of generalised price and income and then applying a structural time-series model to elucidate the unobserved component of prices (while controlling for observed income levels), it is illustrated that the role of prices in influencing demand is non-trivial. Over the sample period price responses generally influence demand for cycling to a greater extent than income effects.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 44 (2010)
Issue (Month): 4 (May)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/547/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Peter Fix & John Loomis & Rick Eichhorn, 2000. "Endogenously chosen travel costs and the travel cost model: an application to mountain biking at Moab, Utah," Applied Economics, Taylor & Francis Journals, vol. 32(10), pages 1227-1231.
- Frees,Edward W., 2004. "Longitudinal and Panel Data," Cambridge Books, Cambridge University Press, number 9780521828284, August.
- Stanley, John K. & Hensher, David A. & Loader, Chris, 2011. "Road transport and climate change: Stepping off the greenhouse gas," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(10), pages 1020-1030.
- Bergström, A. & Magnusson, R., 2003. "Potential of transferring car trips to bicycle during winter," Transportation Research Part A: Policy and Practice, Elsevier, vol. 37(8), pages 649-666, October.
- Karl Pichelmann & Andreas Ulrich Schuh, 1997. "The NAIRU-Concept: A Few Remarks," OECD Economics Department Working Papers 178, OECD Publishing.
- Nankervis, Max, 1999. "The effect of weather and climate on bicycle commuting," Transportation Research Part A: Policy and Practice, Elsevier, vol. 33(6), pages 417-431, August.
- Frees,Edward W., 2004. "Longitudinal and Panel Data," Cambridge Books, Cambridge University Press, number 9780521535380, August.
- Rietveld, Piet & Daniel, Vanessa, 2004. "Determinants of bicycle use: do municipal policies matter?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 38(7), pages 531-550, August.
- Steg, Linda, 2005. "Car use: lust and must. Instrumental, symbolic and affective motives for car use," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(2-3), pages 147-162.
- Gatersleben, Birgitta & Appleton, Katherine M., 2007. "Contemplating cycling to work: Attitudes and perceptions in different stages of change," Transportation Research Part A: Policy and Practice, Elsevier, vol. 41(4), pages 302-312, May.