3.5 Conclusions
The previous models, based on the conventional demand theory, provide us with empirical evidence for road, railway and air transport in Spain from 1980 to 1988. We obtain the Marshallian demand functions with respect to relevant income and price variables for each modes of transport analyzed. In this work we offer income and price elasticities estimations as well as exchange of data aggregated to interurban passengers transport in Spain. It is necessary to be cautious when interpreting data, due to the high variable aggregation. Some research could be made in the future on this type of model from the desagregation of transport service demand into different lines.
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Coto-Millán, P. et al. (2007). Price and Income Elasticities for Intercity Public Transport in Spain. In: Coto-Millán, P., Inglada, V. (eds) Essays on Transport Economics. Contributions to Economics. Physica-Verlag HD. https://doi.org/10.1007/978-3-7908-1765-2_4
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