A STATISTICAL ANALYSIS OF INDUCED TRAVEL EFFECTS IN THE U.S. MID-ATLANTIC REGION
The hypothesis of induced travel demand is investigated. County level data from Maryland, Virginia, North Carolina, and Washington, D.C. are used to estimate "fixed-effects" cross-sectional time series models that relate travel levels, measured as daily vehicle miles of travel, to roadway capacity in lane miles. This includes analysis of a difference (or growth) model estimated using a two-stage least squares procedure with an instrumental variable to account for simultaneity bias. Individual models for each state, a combined-state model, and a model with data from the Washington, D.C./Baltimore metropolitan area are estimated. Average elasticities of vehicle miles of travel (VMT) with respect to lane miles are estimated. The results build on recent research in this area by confirming both the range of elasticities found in other studies and the robustness of these estimates by accounting for simultaneity bias.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/37387952
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Corporate Authors:
Research and Innovative Technology Administration
Bureau of Transportation Statistics, 1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Authors:
- Fulton, L M
- Noland, R B
- Meszler, D J
- Thomas, J V
- Publication Date: 2000-4
Language
- English
Media Info
- Features: Figures; References; Tables;
- Pagination: p. 1-14
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Serial:
- Journal of Transportation and Statistics
- Volume: 3
- Issue Number: 1
- Publisher: Research and Innovative Technology Administration
- ISSN: 1094-8848
- Serial URL: http://www.bts.gov/publications/journal_of_transportation_and_statistics/
Subject/Index Terms
- TRT Terms: Demand responsive transportation; Elasticity (Economics); Highway capacity; Lane occupancy; Vehicle miles of travel
- Geographic Terms: Baltimore (Maryland); Maryland; North Carolina; Virginia; Washington (District of Columbia); Washington Metropolitan Area
- Subject Areas: Economics; Highways; Planning and Forecasting; Society; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 00794285
- Record Type: Publication
- Files: NTL, TRIS, USDOT
- Created Date: Jun 11 2000 12:00AM