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Regional Balkans Infrastructure Study Transport - WBC-INCO Net

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For each mode of transport a forecast model is constructed. The assumed<br />

growth rates of GDP and population and the assumed elasticities jointly determine<br />

the forecasted level of traffic for each country and mode of transport.<br />

For road and rail transport, separate sub-models are developed for passenger<br />

transport and for freight transport. It is expected that passenger and freight<br />

transport will grow at different rates when GDP increases.<br />

Substitution between the various modes of transport and network effects are not<br />

explicitly treated in the model. However, as a result of the assumed elasticities<br />

for the different types of transport, the market share for these will change when<br />

GDP increases.<br />

Specific seaport forecasts have not been prepared as a part of the model. This<br />

issue is further dealt with in Chapter 9.1.1.<br />

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For each country, the following data form inputs to the model:<br />

• current level and expected growth of GDP (input for road, rail, waterway<br />

and air model)<br />

• current level and expected growth of population (input for road, rail and air<br />

model)<br />

• current level of car ownership (input for road model)<br />

• current traffic levels on the network (input for road, rail, waterway and air<br />

model).<br />

The following additional data may be included in the model, if available:<br />

• index of fixed vehicle costs<br />

• index of variable vehicle costs<br />

- affected by taxation<br />

- affected by time savings and improved infrastructure<br />

Table 2.8 shows the expected growth in GDP and population for each country<br />

for three different scenarios.<br />

47

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