Title
Tolls, exchange rates, and borderplex international bridge traffic
Publication Date
6-1-2009
Publication Name
International Journal of Transport Economics
Volume
36
Issue
2
First Page
223
Last Page
259
Document Type
Article
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-ofsample forecasting results are mixed.
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