Estimating the Functional Form of Road Traffic Maturity
نویسندگان
چکیده
منابع مشابه
Estimating the Functional Form of Road Traffic Maturity
It has been observed that older high traffic motorways experience lower traffic growth than newer ones (ceteris paribus). This phenomenon is known as traffic maturity; however, it is not captured through traditional time-series long-term forecasts, due to constant elasticity to GDP these models assume. In this paper we argue that traffic maturity results from decreasing marginal utility of tran...
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ژورنال
عنوان ژورنال: Networks and Spatial Economics
سال: 2008
ISSN: 1566-113X,1572-9427
DOI: 10.1007/s11067-007-9049-0