STM3 2011 base frequency, mode-destination and car ownership models

James Fox, Bhanu Patruni

ResearchPublished Sep 28, 2015

The report documents work to update the frequency, mode-destination and car ownership models used version 3 of the Sydney Strategic Model (STM3) to reflect a 2011 base year instead of the 2006 base year used in the previous versions of the model. The update was not a full-scale re-estimation examining alternative model specifications, rather the intention was to minimise the changes relative to the 2006-base version of STM3. The report describes the changes that have been made to the models during this update. In addition to presenting analysis comparing the 2006-base and 2011-base model parameters, the report presents validation of the new mode-destination models in terms of implied values of time and model elasticities.

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Document Details

  • Copyright: Transport for New South Wales
  • Publisher: RAND Corporation
  • Availability: Web-Only
  • Year: 2015
  • Pages: 61
  • DOI: https://doi.org/10.7249/RR1125
  • Document Number: RR-1125-BTS

Citation

Chicago Manual of Style

Fox, James and Bhanu Patruni, STM3 2011 base frequency, mode-destination and car ownership models. Santa Monica, CA: RAND Corporation, 2015. https://www.rand.org/pubs/research_reports/RR1125.html.
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