Estimates of price elasticity of demand for urban freeway use with high-frequency control variables: the case of Santiago, Chile

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dc.catalogadoraba
dc.contributor.authorGrange Concha, Louis de
dc.contributor.authorGonzález, Felipe
dc.contributor.authorTroncoso, R.
dc.contributor.otherCEDEUS (Chile)
dc.date.accessioned2025-05-13T13:39:31Z
dc.date.available2025-05-13T13:39:31Z
dc.date.issued2015
dc.description.abstractEstimates are presented of toll and fuel price elasticities of demand for urban freeway use in Santiago, Chile. High-frequency toll and vehicle data were collected from four urban freeways for different route segments and times of day. Estimation was performed using log-linear regression models whose explanatory variables were tolls, fuel prices, city traffic levels and sets of dichotomous variables to control for daily, weekly and monthly seasonality. City traffic is a high frequency control of the activity level of the city. The elasticities to changes in tolls and fuel were all low in absolute value. The toll elasticities were below 0.05 for two freeways and 0.16 for the third, while for the fourth, which had more alternative routes, it was 0.47. The fuel price elasticities were also heterogeneous, with values of approximately 0.45 for two freeways and 0.21 for the third whereas for the fourth, which had the fewest alternatives, it was 0.07.
dc.format.extent12 páginas
dc.fuente.origenSRIA
dc.identifier.doi10.1080/00036846.2015.1005825
dc.identifier.eissn0003-6846
dc.identifier.issn1466-4283
dc.identifier.scopusid2-s2.0-84921901190
dc.identifier.urihttps:/doi.org/10.1080/00036846.2015.1005825
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/104185
dc.identifier.wosidWOS:000355629800006
dc.information.autorucEscuela de Ingeniería; Grange Concha, Louis de; S/I; 7563
dc.issue.numero22
dc.language.isoen
dc.nota.accesocontenido parcial
dc.pagina.final2337
dc.pagina.inicio2326
dc.revistaApplied Economics
dc.rightsacceso restringido
dc.subjectElasticity
dc.subjectUrban freeway
dc.subjectTolls
dc.subjectFuel price
dc.subjectControl variables
dc.subjectSeasonality
dc.subjectEndogeneity
dc.subject.ddc600
dc.subject.deweyTecnologíaes_ES
dc.subject.ods11 Sustainable cities and communities
dc.subject.odspa11 Ciudades y comunidades sostenibles
dc.titleEstimates of price elasticity of demand for urban freeway use with high-frequency control variables: the case of Santiago, Chile
dc.typeartículo
dc.volumen47
sipa.codpersvinculados7563
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