Tolls, Exchange Rates, and Borderplex International Bridge Traffic

De Leon, Marycruz and Fullerton, Thomas M., Jr. and Kelley, Brian W. (2009): Tolls, Exchange Rates, and Borderplex International Bridge Traffic. Published in: International Journal of Transport Economics , Vol. 36, No. 2 (June 2009): pp. 223-259.

Abstract

Budget constraints are forcing many governments to consider implementing tolls as a means for financing bridge and road expenditures. Newly available time series data make it possible to analyze the impacts of toll variations and international business cycle fluctuations on cross-border bridge traffic between El Paso and Ciudad Juarez. Parameter estimation is carried out using a linear transfer function ARIMA methodology. Price elasticities of demand are similar to those reported for other regional economies, but out-of-sample forecasting results are mixed.

• Item Type: MPRA Paper
• Language: English
• Keywords: Bridge Traffic, Tolls, Applied Econometrics, Mexico Border
• Subjects: R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics > R41 - Transportation: Demand, Supply, and Congestion ; Travel Time ; Safety and Accidents ; Transportation Noise

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