Estimates of price elasticity of demand for urban freeway use with high-frequency control variables: the case of Santiago, Chile

References

• Agras, J. and Chapman, D. (1999) The Kyoto Protocol, CAFÉ standards, and gasoline taxes, Contemporary Economic Policy, 17, 296–308. doi: 10.1111/j.1465-7287.1999.tb00683.x
   Web of Science ®Google Scholar
• Arentze, T., Hofman, F. and Timmermans, H. (2004) Predicting multi-faceted activity-travel adjustment strategies in response to possible congestion pricing scenarios using an internet-based stated adaptation experiment, Transport Policy, 11, 31–41. doi: 10.1016/S0967-070X(03)00016-7
   Google Scholar
• Barla, P., Lamonde, B., Miranda-Moreno, L. F. et al. (2009) Traveled distance, stock and fuel efficiency of private vehicles in Canada: price elasticities and rebound effect, Transportation, 36, 389–402. doi: 10.1007/s11116-009-9211-2
   PubMed Web of Science ®Google Scholar
• Basso, L. and Oum, T. (2007) Automobile fuel demand: a critical assessment of empirical methodologies, Transport Reviews, 27, 449–84. doi: 10.1080/01441640601119710
   Web of Science ®Google Scholar
• Baye, M. R., Jansen, D. W. and Lee, W. (1992) Advertising effects in complete demand systems, Applied Economics, 24, 1087–96. doi: 10.1080/00036849200000001
   Web of Science ®Google Scholar
• Brand, D. (2009) Impacts of higher fuel costs, Federal Highway Administration (www.fhwa.dot.gov). Available at www.fhwa.dot.gov/policy/otps/innovation/issue1/impacts.htm (accessed 11 January 2015).
   Google Scholar
• De Grange, L., González, F., Muñoz, J. C. et al. (2013) Aggregate estimation of the price elasticity of demand for public transport in integrated fare systems: the case of Transantiago, Transport Policy, 29, 178–85. doi: 10.1016/j.tranpol.2013.06.002
   Web of Science ®Google Scholar
• De Jong, G. and Gunn, H. (2001) Recent evidence on car cost and time elasticities of travel demand in Europe, Journal of Transport Economics and Policy, 35, 137–60.
   Web of Science ®Google Scholar
• Espey, M. (1996) Explaining the variation in elasticity estimates of gasoline demand in the United States: a meta-analysis, The Energy Journal, 17, 49–60. doi: 10.5547/ISSN0195-6574-EJ-Vol17-No3-4
   Web of Science ®Google Scholar
• Evans, J., Bhatt, K. and Turnbull, K. (2003) Road value pricing: traveler response to transport system changes, Transit Cooperative Research Program Report 95; TRB (www.trb.org). Available at http://trb.org/publications/tcrp/tcrp_rpt_95c14.pdf (accessed 11 January 2015).
   Google Scholar
• Gifford, J. L. and Talkington, S. W. (1996) Demand elasticity under time-varying prices: case study of day-of-week varying tolls on Golden Gate Bridge, Transportation Research Record, 1558, 55–9. doi: 10.3141/1558-08
   Google Scholar
• Gillingham, K. (2010) Identifying the elasticity of driving: evidence from a gasoline price shock in California, Stanford University (www.stanford.edu). Available at www.stanford.edu/~kgilling/Gillingham_IdentifyingElasticityofDriving.pdf (accessed 11 January 2015).
   Google Scholar
• Goodwin, P. (1992) Review of new demand elasticities with special reference to short and long run effects of price changes, Journal of Transport Economics, 26, 155–71.
   Web of Science ®Google Scholar
• Goodwin, P. B. (1988) Evidence on Car and Public Transport Demand Elasticities, Transport Studies Unit, Oxford University, Oxford.
   Google Scholar
• Goodwin, P. B., Dargay, J. and Hanly, M. (2004) Elasticities of road traffic and fuel consumption with respect to price and income: a review, Transport Reviews, 24, 275–92. doi: 10.1080/0144164042000181725
   Web of Science ®Google Scholar
• Graham, D. and Glaister, S. (2002) Review of Income and Price Elasticities of Demand for Road Traffic, Center for Transport Studies, Imperial College, London.
   Google Scholar
• Graham, D. and Glaister, S. (2004) Road traffic demand elasticity estimates: a review, Transport Reviews, 24, 261–74. doi: 10.1080/0144164032000101193
   Web of Science ®Google Scholar
• Graham, D. J. and Glaister, S. (2005) Decomposing the determinants of road traffic demand, Applied Economics, 37, 19–28. doi: 10.1080/0003684042000291263
   Web of Science ®Google Scholar
• Greening, L. A., Jeng, H. T., Formby, J. P. et al. (1995) Use of region, life-cycle and role variables in the short-run estimation of the demand for gasoline and miles travelled, Applied Economics, 27, 643–56. doi: 10.1080/00036849500000054
   Web of Science ®Google Scholar
• Harvey, G. (1994) Transportation pricing behaviour, in Curbing Gridlock: Peak Period Fees to Relieve Traffic Congestion, vol. 2, Transportation Research Board, Special Report 242, National Academy Press, Washington, DC, pp. 89–114.
   Google Scholar
• Hirschman, I., McKnight, C., Pucher, J. et al. (1995) Bridge and tunnel toll elasticities in New York – some recent evidence, Transportation, 22, 97–113. doi: 10.1007/BF01099434
   Web of Science ®Google Scholar
• Hymel, K. M., Small, K. A. and Van Dender, K. (2010) Induced demand and rebound effects in road transport, Transportation Research Part B: Methodological, 44, 1220–41. doi: 10.1016/j.trb.2010.02.007
   Web of Science ®Google Scholar
• Johansson, O. and Shipper, L. (1997) Measuring the long-run fuel demand of cars, Journal of Transport Economics and Policy, 31, 277–92.
   Web of Science ®Google Scholar
• Jones, P. and Hervik, A. (1992) Restraining car traffic in European cities: an emerging role for road pricing, Transportation Research, 26A, 133–45.
   Google Scholar
• Labeaga, J. M. and López, A. (1997) A study of petrol consumption using Spanish panel data, Applied Economics, 29, 795–802. doi: 10.1080/000368497326714
   Web of Science ®Google Scholar
• Lake, M. and Ferreira, L. (2002) Demand for toll roads: a summary of elasticities, travel time values and modelling approaches, Transport Research Consortium Queensland University of Technology. Available at http://eprints.qut.edu.au/archive/00002495/01/2495.pdf (accessed 11 January 2015).
   Google Scholar
• Li, S., Linn, J. and Muehlegger, E. (2011) Gasoline taxes and consumer behavior, Stanford. Available at http://economics.stanford.edu/files/muehlegger3_15.pdf (accessed 11 January 2015).
   Google Scholar
• Litman, T. (2011) Transportation elasticities: how prices and other factors affect travel behavior, VTPI (www.vtpi.org). Available at www.vtpi.org/elasticities.pdf (accessed 11 January 2015).
   Google Scholar
• Litman, T. (2012) Changing vehicle travel price sensitivities: the rebounding rebound effect, VTPI (www.vtpi.org). Available at www.vtpi.org/VMT_Elasticities.pdf (accessed 11 January 2015).
   Google Scholar
• Luk, J. (1999) Electronic road pricing in Singapore, Road & Transport Research, 8, 28–30.
   Google Scholar
• Luk, J. and Hepburn, S. (1993) New review of Australian travel demand elasticities. ARRB Transport Research Report, 249, Australian Road Research Board, Melbourne, VIC, 22 pp.
   Google Scholar
• Matas, A. and Raymond, J. L. (2003) Demand elasticity on tolled motorways, Journal of Transportation and Statistics, 6, 91–108.
   Google Scholar
• Mauchan, A. and Bonsall, P. (1995) Model predictions of the effects of motorway charging in West Yorkshire, Traffic Engineering and Control, 36, 206–12.
   Google Scholar
• May, A. D. (1992) Road pricing: an international perspective, Transportation, 19, 313–33. doi: 10.1007/BF01098637
   Web of Science ®Google Scholar
• Mayeres, I. (2000) Efficiency effects of transport policies in the presence of externalities and distortionary taxes, Journal of Transport Economics and Policy, 34, 233–60.
   Web of Science ®Google Scholar
• Newey, W. K. and West, K. D. (1987) A simple, positive semi-definite, heteroskedasticity and autocorrelation consistent covariance matrix, Econometrica, 55, 703–8. doi: 10.2307/1913610
   Web of Science ®Google Scholar
• Nicolini, J. L. (2001) Elasticidades en las Estaciones de Peaje en la Argentina: 1991–2000, in Anales de la XXXVI Reunión Anual de la Asociación Argentina de Economía Política, Consejo Nacional de Investigaciones Científicas y Técnicas, Buenos Aires.
   Google Scholar
• Odeck, J. and Brathan, S. (2008) Travel demand elasticities and users attitudes: a case study of Norwegian toll projects, Transportation Research, 42A, 77–94.
   Google Scholar
• Ortúzar, J. de D. and Willumsen, L. G. (2011) Modelling Transport, 4th edn, John Wiley and Sons, Chichester.
   Google Scholar
• Oum, T. H. (1989) Alternative demand models and their elasticity estimates, Journal of Transport Economics and Policy, 13, 163–87.
   Google Scholar
• Oum, T. H., Waters, W. G. and Yong, J. S. (1992) Concepts of price elasticities of transport demand and recent empirical estimates, Journal of Transport Economics and Policy, 26, 139–54.
   Web of Science ®Google Scholar
• Prozzi, J., Flanagan, K., Loftus-Otway, L. et al. (2009) Actual vs. forecasted toll usage: a case study review, Texas Department of Transportation CTR Technical Report 0-6044-1, Texas Center for Transportation Research, University of Texas, Austin.
   Google Scholar
• PSRC (2008) Traffic choice study, Puget Sound Regional Council. Available at http://psrc.org/assets/37/summaryreport.pdf (accessed 21 January 2015).
   Google Scholar
• Ribas, E., Raymond, J. L. and Matas, A. (1988) Estudi Sobre La Elasticitat Preu De La Demanda De Tràfic per Autopista, Departament de Política Territorial i Obres Públiques Generalitat de Catalunya, Barcelona.
   Google Scholar
• Schimek, P. (1996) Gasoline and travel demand models using time series and cross-section data from United States, Transportation Research Record, 1558, 83–89. doi: 10.3141/1558-12
   Google Scholar
• Small, K. A. and Van Dender, K. (2007) Fuel efficiency and motor vehicle travel: the declining rebound effect, The Energy Journal, 28, 25–51. doi: 10.5547/ISSN0195-6574-EJ-Vol28-No1-2
   Web of Science ®Google Scholar
• Small, K. A. and Winston, C. (1999) The demand for transportation: models and applications, in Essays in Transportation Economics and Policy, Brookings Institute. Available at www.brooking.edu (accessed 21 January 2015).
   Google Scholar
• Spears, S., Boarnet, M. and Handy, S. (2010) Draft policy brief on the impacts of road user pricing based on a review of the empirical literature, for research on impacts of transportation and land use-related policies, California Air Resources Board. Available at http://arb.ca.gov/cc/sb375/policies/policies.htm (accessed 11 January 2015).
   Google Scholar
• Spiller, E. and Stephens, H. M. (2012) The heterogeneous effects of gasoline taxes: why where we live matters, Resources for the Future (www.rff.org); Available at www.rff.org/RFF/Documents/RFF-DP-12-30.pdf; complete report at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2129396 (accessed 21 January 2015).
   Google Scholar
• TRACE (1999) Elasticity handbook: elasticities for prototypical contexts, Prepared for the European Commission, Directorate-General for Transport, Contract No: RO-97-SC.2035. Available at http://www.transport-research.info/Upload/Documents/200310/trace.pdf (accessed 21 January 2015).
   Google Scholar
• Wadud, Z., Graham, D. and Noland, R. (2009) A cointegration analysis of gasoline demand in the United States, Applied Economics, 41, 3327–36. doi: 10.1080/00036840701477306
   Web of Science ®Google Scholar
• Weustefield, N. H. and Regan, E. J. (1981) Impact of rate of increase on toll facilities, Traffic Quarterly, 34, 639–55.
   Google Scholar
• White, P. R. (1984) Man and his transport behaviour Part 4a. User response to price changes: application of the ‘threshold’ concept, Transport Reviews, 4, 367–86.
   Web of Science ®Google Scholar
• Williams-Derry, C. (2011) Toll avoidance and transportation funding: official estimates frequently overestimate traffic and revenue. Sightline Institute. Available at www.sightline.org/research/sprawl/toll-avoidance-and-transportation-funding (accessed 11 January 2015).
   Google Scholar