Abstract This paper sets forth the hypothesis that air travel demand is elastic with respect to airport access costs and that the distance of an airport from the city it serves has an impact on the volume of passanger traffic at the airport. As a test case, Houston's traffic with 50 city pairs is analyzed before the closing of Hobby Airport (12 miles from downtown Houston) and after the opening of the new Houston Intercontinental Airport (23 miles from downtown). It was found that short-haul traffic (under 300 miles) fell dramatically when passengers had to travel the longer distance to the new airport. Total trip cost (in 1968 constant dollars) is calculated for each pair, and the traffic loss for each city pair is estimated. From these figures, a range of elasticities is obtained. Applications for future airport planning are also discussed.


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    Titel :

    Elasticity of air travel demand with respect to airport access cost


    Beteiligte:

    Erscheinungsdatum :

    15.09.1975


    Format / Umfang :

    7 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch




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