• Journal of Korean Society of Transportation
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• v.24 no.7 s.93
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• pp.91-100
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• 2006

Travel Demand Forecasting (TDF) is an essential and critical process in the evaluation of the highway improvement Project. The four-step TDF Process has generally been used to forecast travel demand and analyze the effects of diverted travel demand based on the given Origin-Destination trips in the future. Transportation system improvements, however, generate more travel, Induced Travel Demand (ITD) or latent travel demand, which has not been considered in the project evaluation. The Purpose of this study Is to develop a model which can forecast the ITD applied theory of economics and the Program(I.D.A) which can be widely applied to project evaluation analysis. The Kang-Byun-Book-Ro expansion scenario is used to apply and analyze a real-world situation. The result highlights that as much as 15% of diverted travel demand is generated as ITD. The results of this study are expected to improve reliability of the project evaluation of the highway improvement Project.