Table 3 Estimated Models for New Construction
Table 3
Estimated Models for New Construction
| Variable | Hypothesis | Logit | Mixed logit | ||
|---|---|---|---|---|---|
| Coefficient | z | Coefficient | z | ||
| Length of the link (Lij) | -S | –5.91E-01 | –1.35 | 1.84E-01 | 0.27 |
| Capacity of the parallel link (Cp) | -S | –3.31E-01* | –1.86 | –4.87E-01* | –1.67 |
| Length of the parallel link (Lp) | +S | 4.93E-01* | 1.58 | 1.42E+00* | 1.97 |
| Congestion on parallel link (Qp /Cp) | +S | –1.96E-05 | –1.25 | –5.23E-05* | –1.87 |
| Access (A) | +S | 4.24E-05* | 4.70 | 1.92E-04* | 2.71 |
| Time period of construction (T) | -S | 7.31E-01* | 2.24 | 3.00E+00* | 3.27 |
| Cost of construction (Eij) | -S | –2.82E-01* | –2.48 | –8.97E-01* | –3.36 |
| Budget (B) | +S | 5.68E-06* | 3.06 | 7.78E-06* | 3.96 |
| Distance from downtown (X) | +S | –1.21E-01* | –5.69 | –3.08E-01* | –6.62 |
| Node density (D) | -S | –6.32E-04 | –0.18 | –1.27E-02* | –1.73 |
| Constant | –6.09E+00* | –6.02 | –1.24E+02* | –2.92 | |
| Triangular deviation | |||||
| Constant | — | — | 4.72E+01* | 2.36 | |
| Number of observations | 89,031 | 89,031 | |||
| Log likelihood | –473.19 | –459.68 | |||
* Significant at 90% confidence interval.