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Estimating Freight Transport Price Elasticity in Multi-mode Studies: A Review and Additional Results from a Multimodal Network Model

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Beuthe, M. [UCL] Jourquin, Bart [UCL] Urbain, N. [UCL]

The paper presents a detailed comparative review of price/cost elasticity estimates published in a number of studies on multi-mode freight transport demands. It attempts to determine which factors could explain the wide diversity of estimates: data aggregation, diversity of markets, and methodology. It also presents new estimates for rail, road, and waterway modes, derived from a multimodal freight network model of the Rhine area market. Direct and cross-elasticities are estimated for 11 groups of commodities and per distance category. The results are critically assessed by comparison with the reviewed studies. The paper concludes with a few recommendations about meaningful uses of existing estimates and the need for additional experiments with different methodologies applied on a common data basis.

Document type Article de périodique (Journal article)
Access type Accès restreint
Publication date 2014
Language Anglais
Journal information "Transport Reviews" - Vol. 34, no.5, p. 626-644 (2014)
Peer reviewed yes
issn 0144-1647
Publication status Publié
Affiliation UCL - SSH/LouRIM - Louvain Research Institute in Management and Organizations
Links
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Bibliographic reference Beuthe, M. ; Jourquin, Bart ; Urbain, N.. Estimating Freight Transport Price Elasticity in Multi-mode Studies: A Review and Additional Results from a Multimodal Network Model. In: Transport Reviews, Vol. 34, no.5, p. 626-644 (2014)
Permanent URL http://hdl.handle.net/2078.1/152603