A Meta-Analysis of Price Elasticities of Transport Demand in a General Equilibrium Framework

Hans Kremers, Peter Nijkamp and Piet Rietveld

No 00-060/3, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: Price elasticities of transport demand are an important tool toassess the impacts of pricing policies. Empirical research on these elasticitiesleads to a rather wide range of outcomes. There is obviously a need for a morerigorous methodological framework. This paper provides a new integrativeapproach to the estimation of price elasticities while taking into account anycombination of characteristics of transport demand found in various empiricalstudies. To this end, we apply meta-analysis to this set of studies. From the variousmodelling approaches that underly these studies we develop an overlappinggeneral equilibrium framework that provides a meta-regression equationrelating the price elasticity estimate to the study characteristics.

Date: 2000-07-31
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Journal Article: A meta-analysis of price elasticities of transport demand in a general equilibrium framework (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20000060

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