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Factors and policies affecting demand for light vehicle transportation in the lower mainland of British Columbia Soucie, Michelle Anne

Abstract

As transportation is a key component of economic success, it is crucial that the transportation systems in the Lower Mainland accommodate, and shape the projected increases in population. This paper has two main objectives. The first is to explore the factors and variables influencing demand for automobile transportation that are unique to the Lower Mainland of BC. General trends and statistics are explored for peak a.m. period automobile demand. The second part of this paper looks at the policies affecting demand for automobile transportation. Economic theory is introduced to two prominent traffic demand management (TDM) policies: road pricing and high occupancy vehicle (HOV) lanes. Conceptual models are proposed for both policies. In 1993 the GVRD completed the Transport 2021 study. Using data that was generated by the EMME2 model, empirical estimates of consumer surplus changes (resulting from various T DM policies being implemented) are considered under a range of elasticities. Empirical estimates of consumer surplus changes are also calculated for the conceptual models.

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