Induced demand is no doubt an important concept in transport planning, with wide-ranging implications for the efficacy of certain investments – especially in large road projects. However, it seems that induced demand is brought up all too often as an excuse for the failure of public transport to compete against the car, fitting into a wider story of new road construction eating away at public transport use. Conversely, it is used by some as an argument to justify the reintroduction of otherwise unsustainable long haul country passenger rail services; because …
This post is published in full at Transport Textbook.
Filed under: economics
