Measuring long‐run gasoline price elasticities in urban travel demand.

I develop a structural model of urban travel to estimate long‐run gasoline price elasticities. I model the demand for transportation services using a dynamic discrete‐choice model with switching costs and estimate it using a panel dataset with public market‐level data on automobile and public transi...

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Bibliographic Details

Published in:	RAND Journal of Economics (Wiley-Blackwell) Vol. 52; no. 4; pp. 945 - 995
Format:	Article
Published:	Wiley-Blackwell Dec2021
Subjects:	Chicago (Ill.) Gas prices Elasticity Public transit Switching costs Gasoline taxes Cost estimates
Online Access:	View this record in EBSCOhost