TOLL PRICING AND ITS RELATIONSHIP TO TRAVEL DEMAND, ELASTICITY, AND DISTRIBUTION OF ECONOMIC ACTIVITIES FOR HAMPTON ROADS, VIRGINIA

THE EFFECT OF TOLL PRICING ON TRAVEL DEMAND AND DISTRIBUTION OF ECONOMIC ACTIVITIES IN THE HAMPTON ROADS AREA OF SOUTHEASTERN VIRGINIA IS PRESENTED. A METHODOLOGY IS DESCRIBED THAT PROJECTS SIMULTANEOUSLY TRAVEL DEMAND AND DISTRIBUTION OF POPULATION AND EMPLOYMENT. THE RESULTS OF TESTING FUTURE ALTERNATIVE CONDITIONS FOR CROSSING HAMPTON ROADS ARE USED TO ILLUSTRATE THE IMPACT OF CHANGES IN NEW FACILITIES AND TOLL PRICING ON TRAVEL DEMAND, AVERAGE VEHICULAR TRIP LENGTH, TRIP PURPOSE, AND DISTRIBUTION OF FUTURE POPULATION AND EMPLOYMENT. THE FINDINGS IN THIS PAPER OFFER AN ALTERNATIVE METHOD TO THE PROJECTION OF A SINGLE-DEMAND ESTIMATE USED IN MOST URBAN AREA TRANSPORTATION STUDIES. THE CONSIDERATION FOR THE ELASTICITY OF DEMAND WITH RESPECT TO PRICE DESCRIBED IN THIS PAPER COULD BE APPLIED TO THE ANALYSIS OF MAJOR FACILITIES WITHIN URBANIZED AREAS OR BETWEEN MAJOR REGIONS THAT ARE CONSIDERING TOLL-PRICING POLICIES OR BROADER TRANSPORT-PRICING POLICIES. /AUTHOR/

• Record URL:
  • http://onlinepubs.trb.org/Onlinepubs/hrr/1971/348/348-014.pdf
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0309019605
• Supplemental Notes:
  • Sponsored by Committee on Passenger and Freight Transportation Characteristics and presented at the 50th Annual Meeting. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
• Authors:
  • Bellomo, Salvatore J
• Conference:
  • 50th Annual Meeting of the Highway Research Board
  • Location: Washington District of Columbia, United States
  • Date: 1971-1-18 to 1971-1-22
• Publication Date: 1971

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: pp 166-181
• Monograph Title: Planning and Evaluation of Transportation Systems
• Serial:
  • Highway Research Record
  • Issue Number: 348
  • Publisher: Highway Research Board

Subject/Index Terms

• TRT Terms: Economic development; Forecasting; Mathematical models; Mechanical elasticity; Prices; Toll roads; Toll tunnels; Traffic; Travel patterns
• Uncontrolled Terms: Models
• Geographic Terms: Hampton Roads (Virginia)
• Old TRIS Terms: Toll road traffic
• Subject Areas: Economics; Highways; Operations and Traffic Management; Society;

Filing Info

• Accession Number: 00202009
• Record Type: Publication
• ISBN: 0309019605
• Files: TRIS, TRB
• Created Date: Oct 3 1971 12:00AM