Estimating The Demand of Freeways in Iran, Using Discreet Choice Model

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Ebadi, Ali | 2016

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Type of Document: M.Sc. Thesis
Language: Farsi
Document No: 48205 (44)
University: Sharif University of Technology
Department: Management and Economics
Advisor(s): Rahmati, Mohammad Hossein; Vesal, Mohammad
Abstract:
According to the principle No. 44 of the Constitution of the Islamic Republic of Iran, Roads are in the public domain and are at the discretion of the Government. The result of this rule is that there is always a free route on the side of the freeway and motorists have the right to choose between a freeway and its successor road. This is a perfect laboratory condition which gives the opportunity that can be used with discrete choice models to estimate the demand of freeway versus its successor. In this paper we estimate the determinant parameters of the freeway demand versus the successor road and price elasticity of demand that can be calculated separately for each path. The results show that the income elasticity and price elasticity are -0.2 and 0.5 respectively, and the price and income elasticity fo heavy vehicles are -0.4 and 1.2
Keywords:
Demand Estimation ; Discrete Choice Model ; Demand Price Elasticity ; Freeway ; Aggregate Data

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