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An Estimation for Highway Trip Demand Functions Based upon Time Series Analysis  

Lee, Jai-Min (한국교통연구원)
Park, Soo-Shin (한국교통연구원)
Publication Information
Journal of Korean Society of Transportation / v.23, no.7, 2005 , pp. 7-15 More about this Journal
Abstract
The objective of this study is to estimate highway trip demand functions in Korea. In order to estimate them, I propose various socio-economic variables that affect the highway trip demand functions. I use the unit root test for each variable and the cointegration test to and the relationships among variables. Finally, I use the vector error correction model, to get the highway trip demand functions. The implication which I derive from the estimation is that real GDP and highway tolls have positive and negative effects, respectively. on the highway trip demand.
Keywords
통행수요함수;시계열 분석;단위근 검정;공적분 검정;벡터오차수정모형;
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