A GENERALIZED DECOMPOSITION OF TRAVEL-RELATED DEMAND ELASTICITIES INTO CHOICE AND GENERATION COMPONENTS

Authors
TAPLIN JHE
Citation
Jhe. Taplin, A GENERALIZED DECOMPOSITION OF TRAVEL-RELATED DEMAND ELASTICITIES INTO CHOICE AND GENERATION COMPONENTS, Journal of transport economics and policy, 31(2), 1997, pp. 183
Citations number
9
Categorie Soggetti
Transportation,Economics
Journal title
Journal of transport economics and policy → ACNP
ISSN journal
00225258
Volume
31
Issue
2
Year of publication
1997
Database
ISI
SICI code
0022-5258(1997)31:2<183:AGDOTD>2.0.ZU;2-4
Abstract
This paper develops general expenditure choice elasticities, suitable for travel and accommodation. Expenditure and quantity choice elastici ties are predominantly linear combinations of compensated price elasti cities, but expenditure may have an appreciable income component. Gene ration elasticities are linear combinations of compensated price elast icities, with a small income effect.