Estimation of the “Morhing Effect” on the Puma Katari Mass Transport System of La Paz City

Authors

  • Fabricio Fernando Ibañez Veizaga Bolivian Catholic University "San Pablo"
  • Lourdes Espinoza Vásquez Bolivian Catholic University "San Pablo"

DOI:

https://doi.org/10.35319/lajed.20162656

Keywords:

Mohring Effect, Transport System, Random Utility

Abstract

The current document attempts to establish the possible presence of the “Mohring Effect” on the Puma Katari mass transport system created by the Municipal Government of La Paz on 2014. It begins estimating the utility function, as established on the theory of discreet elections and McFadden’s theory of random utility (1974), which incorporates differences on the trip costs, times and wait times as well as the socioeconomical characteristics of an user group. As a result, three Probit models are estimated with two alternatives: Puma Katari Bus and Other transport mode, concluding that there are no evidences that support the presence of the “Mohring Effect” on said massive transport system.

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Author Biographies

Fabricio Fernando Ibañez Veizaga, Bolivian Catholic University "San Pablo"

Economist, Associate Researcher of the  Socio-Economic Research Institute.

Lourdes Espinoza Vásquez, Bolivian Catholic University "San Pablo"

Economist, Dean a.i. of Economics Department at Bolivian Catholic University "San Pablo".

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Published

2016-11-01

How to Cite

Ibañez Veizaga, F. F., & Espinoza Vásquez, L. (2016). Estimation of the “Morhing Effect” on the Puma Katari Mass Transport System of La Paz City. Latin American Journal of Economic Development, 14(26), 9–44. https://doi.org/10.35319/lajed.20162656