Abstract
A model which characterizes the passenger and vehicle demand for ocean transportation services is hypothesized and empirically tested using data for the British Columbia Ferry Corporation. An important feature of the problem, characteristic of many transportation modes, is the simultaneous interaction between congestion and the level of demand. A single equation model containing congestion as an explanatory variable is estimated as is a simultaneous model containing a demand function and the congestion function. Results of the two estimates are compared and it is concluded that the simultaneous equations model performs better.
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