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Travel demand in the US urban areas: A system dynamic panel data approach
Authors:Qing Su
Affiliation:Department of Economics and Finance Northern Kentucky University BEP Center, Suite 418, Nunn Drive, Highland Heights, KY 41099, United States
Abstract:Using panel data from 85 urban areas over a 20-year period and applying a system panel data approach, this paper examines the relationship between travel demand in terms of per-capita VMT and urban spatial characteristics. Regression results show that road density and urban spatial size have positive and statistically significant effects on travel demand in the US urban areas. Urban population density and urban congestion have negative and statistically significant effects on travel demand.
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