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A Meta-Analysis of Price Elasticities of Transport Demand in a General Equilibrium Framework


  • Hans Kremers

    (Vrije Universiteit Amsterdam)

  • Peter Nijkamp

    () (Vrije Universiteit Amsterdam)

  • Piet Rietveld

    () (Master-Point, Vrije Universiteit Amsterdam)


Price elasticities of transport demand are an important tool toassess the impacts of pricing policies. Empirical research on these elasticitiesleads to a rather wide range of outcomes. There is obviously a need for a morerigorous methodological framework. This paper provides a new integrativeapproach to the estimation of price elasticities while taking into account anycombination of characteristics of transport demand found in various empiricalstudies. To this end, we apply meta-analysis to this set of studies. From the variousmodelling approaches that underly these studies we develop an overlappinggeneral equilibrium framework that provides a meta-regression equationrelating the price elasticity estimate to the study characteristics.

Suggested Citation

  • Hans Kremers & Peter Nijkamp & Piet Rietveld, 2000. "A Meta-Analysis of Price Elasticities of Transport Demand in a General Equilibrium Framework," Tinbergen Institute Discussion Papers 00-060/3, Tinbergen Institute.
  • Handle: RePEc:tin:wpaper:20000060

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    1. Oum, Tae H. & Gillen, David W., 1983. "The structure of intercity travel demands in Canada: Theory tests and empirical results," Transportation Research Part B: Methodological, Elsevier, vol. 17(3), pages 175-191, June.
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    5. Kremers, Hans & Nijkamp, Peter & Rietveld, Piet, 1999. "The scope of meta-analysis for transport policy impact analysis in environmental economics," Serie Research Memoranda 0034, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    6. Reggiani, Aura & Nijkamp, Peter & Sabella, Enrico, 2001. "New advances in spatial network modelling: Towards evolutionary algorithms," European Journal of Operational Research, Elsevier, vol. 128(2), pages 385-401, January.
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