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The paper presents a detailed comparative review of price/cost elasticity estimates published in a number of studies on multi-mode freight transport demands. It attempts to determine which factors could explain the wide diversity of estimates: data aggregation, diversity of markets, and...
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This comment analyzes the demand model and method used by W. Wei and M. Hansen for computing the benefits of an airport capacity extension. The log-linear specification and coefficients of the demand function imply that the airport extension's positive effect on demand decreases with the volume...
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