Estimating fare and expenditure elasticities of demand for air travel in the U.S. domestic market

التفاصيل البيبلوغرافية
العنوان: Estimating fare and expenditure elasticities of demand for air travel in the U.S. domestic market
المؤلفون: Alwaked, Ahmad Abdelrahman Fahed
المساهمون: Wiggins, Steven N., Baltagi, Badi H., Love, H. Alan, Puller, Steve
بيانات النشر: Texas A&M University
سنة النشر: 2007
مصطلحات موضوعية: Elasticities, Multistage Budgeting, AIDS, Air Travel, Leisure Travelers, Business Travelers, eco, scipo
الوصف: This study estimates the demand for domestic air travel services in the United States in order to calculate the fare and expenditure elasticities of demand. We segmented the market according to number of operating airlines, distances and traveler types. Using Seemingly Unrelated Regression to estimate the Almost Ideal Demand System (AIDS), we find that the expenditure and uncompensated own-fare elasticities are around unity and consistent with the previous literature. Results reveal a tendency of uncompensated own-fare elasticity to decrease as distance increases, and a tendency of uncompensated own-fare elasticity to increase as number of airlines increases. Due to few observations, business travelers' results are not reliable to make any conclusion. Leisure travelers' results are closer to all travelers' results.
نوع الوثيقة: book
thesis
اللغة: English
العلاقة: https://hdl.handle.net/1969.1/4681Test
الإتاحة: https://hdl.handle.net/1969.1/4681Test
حقوق: undefined
رقم الانضمام: edsbas.DC2CD76A
قاعدة البيانات: BASE