Investigation into the Effects of Gas Price and GDP on Freeway Traffic
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概要
- 論文の詳細を見る
It is well acknowledged that gas price negatively affects traffic volume while GDP may have the contrary effect. To gain in-depth understandings of such relationships, this paper collects monthly time series data of freeway traffic, gas price and GDP of Taiwan to examine short- and long-term causal relationships by Granger causality test and cointegration test, respectively. Results show that gas price Granger causes large-vehicle (truck and bus) and trailer traffic, but not small-vehicle traffic. However, there is no statistically significant finding on long-term equilibrium relationship neither between gas price and freeway traffic nor between GDP and freeway traffic.
- Eastern Asia Society for Transportation Studiesの論文
著者
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CHIOU Yu-Chiun
Institute of Traffic and Transportation, National Chiao Tung University
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HU Jin-Li
Institute of Business and Management, National Chiao Tung University
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YANG Shu-Chin
Institute of Traffic and Transportation, National Chiao Tung University
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CHIOU Yu-Chiun
Institute of Traffic and Transportation National Chiao Tung University
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