The last substantial published review of evidence on travel demand elasticities in Australia was published in 1993 and most of the studies it covers date from the 1980s. Since that time a considerable amount of further evidence has become available. This paper presents an update and re-examination of travel demand elasticity evidence for Australia and also brings together evidence from New Zealand. The emphasis is on urban public transport direct elasticities (fares and service levels) and cross-elasticities with respect to car travel times and usage costs. Particular attention is paid to segmentation of elasticity estimates by key variables, including long run and short run differences, trip length differences, and time of day/trip purpose differences. (Author/publisher) For the covering entry of this conference, please see ITRD abstract no. E210413.
Samenvatting