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Traffic forecasting for a national highway by demand elasticity method
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Traffic Forecasting is quite subjective, elaborate and an approximate process, especially for a developing country like India. Indian roads comprise of heterogeneous traffic and to forecast the traffic growth for an individual class of vehicles is a tedious task. In this book, a detailed attempt has been made to forecast the traffic for an Indian National Highway by Transport Demand Elasticity method. It highlights the fact that the vehicular traffic and its growth not only depends on the number of vehicles registered each year but also depends on other secondary factors like Population growth, Per capita income and gross domestic product of the state. Near to accurate forecast is possible only if all the above socio-economic parameters are incorporated in the forecasting process
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