Table 7 Estimated Probabilities

Table 7
Estimated Probabilities

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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.