The Influence of Environmental Deterioration and Network Improvement on Transport Modal Choice

Yusuke Sakata (), Junyi Shen and Yoshizo Hashimoto
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Yusuke Sakata: Departmen of Economics, Kinki University
Yoshizo Hashimoto: Osaka School of Interna ional Public Policy, Osaka University

No 06-04, Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics

Abstract: Transport modal choice is considered to be influenced by natural environmental change and transport network improvement. This paper reveals how these impacts affect individuals f decisions on selecting transport mode under an extension plan of Osaka Monorail Loop-line. To estimate these impacts, a Stated Choice (SC) experiment is carried out for collecting the neighborhood data around the monorail fs extended area. Our model is estimated by the Heteroscedastic Extreme Value (HEV) specification in order to avoid Independence from Irrelevant Alternatives (IIA) assumption in the Multinomial Logit (MNL) model. Both the results of full-sample and sub-sample data imply that residents prefer public transport modes (monorail or bus) to private car when either natural environment becomes worse or transport network is improved.

Keywords: Environmental Deterioration; Network improvement; Network externality; Choice Model (CM); Heteroscedastic Extreme Value (HEV) Model (search for similar items in EconPapers)
JEL-codes: C35 D12 Q51 R41 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2006-01
New Economics Papers: this item is included in nep-dcm, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:osk:wpaper:0604

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