The evaluation of transportation projects has traditionally been carried out in the context of economic efficiency in terms of savings in travel time, vehicle operating cost, and safety. The broader long-term effects on economic development (i.e., job, income and business growth) are a concern...

This paper studies public transport demand by estimating a system of equations for multimodal transit systems where different modes may act competitively or cooperatively. Using data from Athens, Greece, we explicitly correct for higher-order serial correlation in the error terms and investigate...