A Survey of Recent Estimates of Price Elasticities of Demand for Transport PDF Download

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A Survey of Recent Estimates of Price Elasticities of Demand for Transport

A Survey of Recent Estimates of Price Elasticities of Demand for Transport PDF Author: Tae Hoon Oum
Publisher: World Bank Publications
ISBN:
Category : Demand functions (Economic theory)
Languages : en
Pages : 62

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Book Description
Since transportation is a derived demand, it tends to be inelastic. Exceptions are discretionary travel and some freight shipments subject to intermodal competition.