Demand forecasting errors and the ownership of infrastructure

Kenneth Button and Zhenhua Chen

Applied Economics Letters, 2014, vol. 21, issue 7, 494-496

Abstract: This article examines the argument that the introduction of more private sector expertise into public sector transportation demand forecasting will improve its accuracy. An examination of a number of pure public and public--private US highway investment traffic demand forecasts, however, finds no significance evidence that latter are more accurate.

Date: 2014
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DOI: 10.1080/13504851.2013.870642

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