Elasticidad precio de la demanda por autopistas interurbanas en Chile
Bibliographic Data
| ID | 11149678 |
|---|---|
| Authors | Rodrigo Saens (0000-0002-8584-5445, University of Talca, corresponding author), German Lobos (0000-0002-6155-4870, University of Talca) |
| Year | 2013 |
| Issue | 79 |
| Publication date | 2013-12-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Lecturas de Economía (JOURNAL) |
| Journal identifiers | ISSN: 0120-2596 • E-ISSN: 2323-0622 |
| Publisher | Universidad de Antioquia (PUBLISHER • CO) |
| DOI | 10.17533/udea.le.n79a5 |
| OpenAlex | W1483986705 |
| Language | ES |
| References cited | 6 |
The efficiency of a road pricing scheme to optimize the use of transport infrastructure depends on the available information regarding the price elasticity of demand for bridges, tunnels and highways. The aim of this paper is to estimate the price elasticity of demand for toll roads in Chile using the seemingly unrelated regressions (SUR) method and a panel of 48 monthly data drawn from 21 toll plazas (48 x 21). Our results show that, even when controlling for gasoline prices and economic activity, the demand for road use is very price inelastic, with values ranging from -0.17 for cars and -0.05 for trucks
Agricultural economics · Econometrics · Economics · Elasticity (physics · Gasoline · Microeconomics · Monetary economics · Oil price · Panel data · Price elasticity of demand · Toll · Truck · Welfare economics · Automotive Engineering · Economic and Environmental Valuation · Engineering · Transportation Planning and Optimization
| Highly cited | No |
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