Integrate an accessibility measure in the modal choice of strategic freight transport models

Bart Jourquin
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Bart Jourquin: Université catholique de Louvain, LIDAM/CORE, Belgium

No 2021031, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: Modal choice models for strategic freight transportation studies covering large inter-regional or international areas generally rely on basic explanatory variables such as transportation costs and transit times. Using origin-destination matrixes, it is also possible to compute an accessibility measure that can further be used as an additional explanatory variable. This paper shows that the inclusion of an accessibility measure in the utility functions used for a logit model significantly improves its predictive power. Moreover, when the refined model is used to compute cost and transit time elasticities, the obtained (absolute) values are somewhat lower. The use of an accessibility measure in the modal choice model has thus a double advantage for policymakers: it improves the predictive power of the freight transport model, giving more accurate traffics on the modal networks, and it avoids overestimations of own and cross-elasticities.

Keywords: Freight transport model; Modal choice; Accessibility; Elasticity (search for similar items in EconPapers)
Pages: 20
Date: 2021-12-21
New Economics Papers: this item is included in nep-dcm, nep-ore, nep-tre, nep-upt and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2021031

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