Sep 28, 2015
This Sydney Strategic Transport Model (STM) is used by the Bureau of Transport Statistics at Transport for New South Wales to assess the impact of transport policy across the greater Sydney area. The demand model components of the STM have been developed by RAND Europe using discrete choice models estimated using household travel survey data.
This report summarises the demand model parameters in the 2011 base version of the model, with sections presenting the licence ownership, car ownership, travel frequency and mode-destination model parameters. It also presents validation tests undertaken for the mode-destination models.
The report also summarises some of the key features of the models. It includes a section the summarises the socio-economic segmentation used in the models, the choice structures that govern the relative sensitivities of the different choices represented, and the treatment of cost in the models.