Elasticities of Passenger Transport Demand on US Intercity Routes: Impact on Public Policies for Sustainability
Ignacio Escañuela Romana,
Mercedes Torres-Jiménez,
Mariano Carbonero-Ruz
Abstract:Passenger transport is a key sector of the economy, and its sustainability depends on achieving the greatest possible efficiency, avoiding problems of congestion or underuse of infrastructures, and reducing the sector’s environmental impact. Knowing the elasticities of demand is critical to achieving these objectives, estimating the intensity of transport demand, and predicting the effect of different policies on reducing greenhouse gas emissions. This research proposes a relatively simple model for estimating… Show more
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