Skip to main content

Passenger’s Choice of Air Transport under Road Competition: the Use of Cointegration Techniques

  • Chapter
Essays on Microeconomics and Industrial Organisation

Abstract

In this study, a theoretical model for the passenger transport demands in Spain is presented. Quarterly data have been used for the 1980.I–1992.IV period.

This research was partly financed by the PS95-0095 research project from the DGICYT a body from the Spanish Ministry of Science and Education.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Boyer, K.D.: Minimum Rate Regulations, Modal Split Sensitives, and the Railroad Problem. Journal of Political Economy 85(3), 493–512 (1977)

    Article  Google Scholar 

  • Coto-Millán, P., Sarabia, J.M.: Intercity Public Transport in Spain 1980–1988: Elasticities, Prices, Income and Time series. Mimeo. University of Cantabria, Department of Economics (1994)

    Google Scholar 

  • Coto-Millán, P., Baños-Pino, J., Inglada, V.: Marshallian Demands of Intercity Passenger Transport in Spain: 1980–1992. An Economic Analysis. Transportation Research-E 33-2, 79–96(1997)

    Google Scholar 

  • Engle, R.F. and Granger, C.W.: Cointegration and error Correction: representation, estimation and testing. Econometrica, 55, 251–276 (1987)

    Article  Google Scholar 

  • I.E.T.C.: Elasticidad de la Demanda del Transporte Público de Viajeros. Ministerio de Transporte (Spanish Ministry for Transport) (1978)

    Google Scholar 

  • Inglada, V.: Intermodalidad y Elasticidades Precio en el Transporte Interurbano de Viajeros. Revista TTC Transportes y Comunicaciones 54, 3–14 (1992)

    Google Scholar 

  • Johansen, S.: Statistical Analysis fo Cointegration Vectors. Journal of Economic Dynamics and Control 12, 231–254 (1988)

    Article  Google Scholar 

  • Johansen, S., Juselius, K.: Maximum Likelihood Estimation and Inference on Cointegration with Applications to the Demand for Money. Oxford Bulletin of Economics and Statistics 52, 169–210 (1990)

    Article  Google Scholar 

  • Levin, R.C.: Allocation in Surface Freight Transportation: Does Rate Regulation Matter?. Bell Journal of Economics 9(1), 18–45 (1978)

    Article  Google Scholar 

  • McFadden, D.: Conditional Logit Analysis of Qualitative Choice Behaviour, Frontiers in Econometrics. In: Zaremka, P. (ed.). NY & London: Academic Press 1973

    Google Scholar 

  • McFadden, D.: The Measurement of Urban Travel Demand. Journal of Public Economics 3, 303–28 (1974)

    Article  Google Scholar 

  • Ministerio de Transportes (Ministry for Transport): Informes de Coyuntura de los Transportes y Comunicaciones. Madrid, 1980–1993 (1994)

    Google Scholar 

  • Osterwald-Lenum, M.: A Note with Fractiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Test Statistics: Four Cases. Oxford Bulletin of Economic and Statistics 54,461–472 (1992)

    Article  Google Scholar 

  • Oum, T.H.: A Warning on the Use Linear of Logits Models in Transport Mode Choice Studies. Bell Journal of Economics 10(1), 374–387 (1979)

    Article  Google Scholar 

  • Oum, T.H., Gillen, D.: The Structure of Intercity Travel Demands in Canada: Theory, Tests and Empirical Results. Working Paper No 79-18. Queen’s University (1979)

    Google Scholar 

  • Quandt, R., Baumol, W.: The Demand for Abstract Transport Modes: Theory and Measurement. Journal of Regional Science 6(2), 13–26 (1966)

    Article  Google Scholar 

  • Varian, H.: Microeconomic Analysis. 3rd ed. W.W. Norton & Company, Inc. (1992)

    Google Scholar 

  • Vazquez, P.: Un Estudio Limitado sobre Elasticidades de Demanda al Precio en el Transporte Interubano. Revista del Ministerio de Transportes, Turismo y Comunicaciones 15, 21–33 (1985)

    Google Scholar 

  • Winston, C: Conceptual Developments in the Economics of Transportation: An Interpretative Survey. Journal of Economic Literature XXIII, 57–94 (1985)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2004 Springer-Verlag Berlin Heidelberg

About this chapter

Cite this chapter

Baños-Pino, J., Coto-Millán, P., Inglada-López de Sabando, V. (2004). Passenger’s Choice of Air Transport under Road Competition: the Use of Cointegration Techniques. In: Coto-Millán, P. (eds) Essays on Microeconomics and Industrial Organisation. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-2670-8_3

Download citation

  • DOI: https://doi.org/10.1007/978-3-7908-2670-8_3

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-7908-0104-0

  • Online ISBN: 978-3-7908-2670-8

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics