Table 7 Estimated Probabilities
Table 7
Estimated Probabilities
| Motorway group elasticity | Baseline | 10% increase in speed on alternative road | 10% increase in heavy vehicles on alternative road | 10% increase in section length | Tourism dummy = 0 |
|---|---|---|---|---|---|
| Low | 0.522 | 0.410 | 0.574 | 0.500 | 0.121 |
| Middle-low | 0.415 | 0.484 | 0.377 | 0.430 | 0.498 |
| Middle-high | 0.060 | 0.100 | 0.047 | 0.067 | 0.323 |
| High | 0.003 | 0.006 | 0.002 | 0.003 | 0.058 |
Note: The baseline values taken by the explanatory variables are: speed = 88.9 km/hr; percentage of heavy vehicles = 24.9%; section length = 23.4 km; and tourism dummy = 1.