Una Aproximación Microeconométrica a los Determinantes de la Elección del Modo de Transporte. (A Microeconometric Approach to the Determinants of Travel Mode Choice)

The transportation system is a fundamental component of the urban economic development, with its generating feature of negative supply externalities standing out (and, as a result, of the satisfied demand for some kind of this supply’s structure) related to congestion and environmental pollution. In this context, the paper studies customers’ reaction in light of changes in the relative prices, to thus evaluate the effect of different political measures. For that reason, a discrete choice model has been designed which reflects the election of travel mode used by commuters around the city of Buenos Aires.