Measuring long?run gasoline price elasticities in urban travel demand
نویسندگان
چکیده
I develop a structural model of urban travel to estimate long-run gasoline price elasticities. the demand for transportation services using dynamic discrete-choice with switching costs and it panel dataset public market-level data on automobile transit use in Chicago. Long-run own- (automobile) cross- (transit) elasticities are substantially more elastic than short-run Elasticity estimates from static myopic models downward biased. estimated evaluate response several counterfactual policies. A tax is less regressive after accounting substitution behavior.
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ژورنال
عنوان ژورنال: The RAND Journal of Economics
سال: 2021
ISSN: ['0741-6261', '1756-2171']
DOI: https://doi.org/10.1111/1756-2171.12397