Income Elasticity of Demand for Large, Modern Rapid Transit Rail Networks
作者： Brian J Asquith
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摘要: In spite of evidence to the contrary, there is a common perception inside academia and out that rail transit an inferior good. This paper proposes demand model for radial subway networks utilizing monocentric city in order quantify income elasticity demand. tested against extant data from 2000 Census, controls spatial variability, demographic economic factors, commuter costs. concludes while factors drive vary across urban areas, results suggest may fact be normal
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