Does the income elasticity of road traffic depend on the source of income?
Scott Le Vine,
Chen, Bingqing (Emily) and
John Polak
Transportation Research Part A: Policy and Practice, 2014, vol. 67, issue C, 15-29
Abstract:
An extensive body of literature addresses the income elasticity of road traffic, in which income is typically treated as a homogenous quantity. Here we report evidence of heterogeneity in cross-sectional estimates of the elasticity of vehicle-kilometres of travel (VKT) with respect to income, when household income is disaggregated on the basis of income source.
Keywords: Income elasticity; Road traffic; Income source; Travel survey methods (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transa:v:67:y:2014:i:c:p:15-29
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DOI: 10.1016/j.tra.2014.06.003
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