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Cross-elasticities of demand for travel

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  • Acutt, MZ
  • Dodgson, JS

Abstract

This paper derives a set of cross-elasticities of demand at the national level for travel in Great Britain. The elasticities consist of cross-elasticities between car travel and the fares on six different public transport modes, and between travel on these six modes and the price of petrol. The cross-elasticity values are calculated using previous estimates of own-price elasticities, data on modal traffic levels, and 'diversion factors' derived from a survey of transport experts.

Suggested Citation

  • Acutt, MZ & Dodgson, JS, 1995. "Cross-elasticities of demand for travel," Transport Policy, Elsevier, vol. 2(4), pages 271-277, October.
  • Handle: RePEc:eee:trapol:v:2:y:1995:i:4:p:271-277
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    References listed on IDEAS

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    1. J. S. Dodgson, 1986. "Benefits of Changes in Urban Public Transport Subsidies in the Major Australian Cities," The Economic Record, The Economic Society of Australia, vol. 62(2), pages 224-235, June.
    2. Cornes,Richard, 1992. "Duality and Modern Economics," Cambridge Books, Cambridge University Press, number 9780521336017.
    3. Dodgson, J S, 1986. "Benefits of Changes in Urban Public Transport Subsidies in the Major Australian Cities," The Economic Record, The Economic Society of Australia, vol. 62(177), pages 224-235, June.
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    Cited by:

    1. Angela Stefania Bergantino & Billette de Villemeur, Etienne & Vinella, Annalisa, 2012. "Targeted policy design in transportation: the case of the ferry market," Working Papers 1205, SIET Società Italiana di Economia dei Trasporti e della Logistica, revised 2012.
    2. Angela Stefania Bergantino & Billette de Villemeur, Etienne & Vinella, Annalisa, 2012. "Targeted policy design in transportation: the case of the ferry market," Working Papers 12_5, SIET Società Italiana di Economia dei Trasporti e della Logistica, revised 2012.

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