Research Article
Mar 1980
Price Elasticities of Nonbusiness Air Travel Demand
Publication: Transportation Engineering Journal of ASCE
Volume 106, Issue 2
Abstract
This paper describes a study of the historic evolution of nonbusiness air travel in the United States. A model is constructed and calibrated to describe this evolution. The purpose of the study is to investigate the sensitivity of this type of air travel to price changes using the elasticity as a measure. It is concluded that both short run and long run elasticities of demand are less than unity. Air travel demand appears to have been determined primarily by the developments in income and consumption levels.
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Information
Published In
Transportation Engineering Journal of ASCE
Volume 106 • Issue 2 • March 1980
Pages: 217 - 225
Copyright
© 1980 American Society of Civil Engineers.
History
Published in print: Mar 1980
Published online: Feb 5, 2021
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Authors
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Adib Kanafani, M.ASCE
Assoc. Prof. of Civ. Engrg., Univ. of California, Berkeley, Calif.
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.