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Cross-elasticities of demand for travel

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  • Acutt, MZ
  • Dodgson, JS

Abstract

This paper derives a set of cross-elasticities of demand at the national level for travel in Great Britain. The elasticities consist of cross-elasticities between car travel and the fares on six different public transport modes, and between travel on these six modes and the price of petrol. The cross-elasticity values are calculated using previous estimates of own-price elasticities, data on modal traffic levels, and 'diversion factors' derived from a survey of transport experts.

Suggested Citation

  • Acutt, MZ & Dodgson, JS, 1995. "Cross-elasticities of demand for travel," Transport Policy, Elsevier, vol. 2(4), pages 271-277, October.
    • Handle: RePEc:eee:trapol:v:2:y:1995:i:4:p:271-277
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    References listed on IDEAS

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    1. Cornes,Richard, 1992. "Duality and Modern Economics," Cambridge Books, Cambridge University Press, number 9780521336017, November.
    2. J. S. Dodgson, 1986. "Benefits of Changes in Urban Public Transport Subsidies in the Major Australian Cities," The Economic Record, The Economic Society of Australia, vol. 62(2), pages 224-235, June.
    3. repec:bla:ecorec:v:62:y:1986:i:177:p:224-35 is not listed on IDEAS
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    1. Angela Stefania Bergantino & Billette de Villemeur, Etienne & Vinella, Annalisa, 2012. "Targeted policy design in transportation: the case of the ferry market," Working Papers 12_5, SIET Società Italiana di Economia dei Trasporti e della Logistica, revised 2012.
    2. Angela Stefania Bergantino & Billette de Villemeur, Etienne & Vinella, Annalisa, 2012. "Targeted policy design in transportation: the case of the ferry market," Working Papers 1205, SIET Società Italiana di Economia dei Trasporti e della Logistica, revised 2012.

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