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Net Effects Of Gasoline Price Changes On Transit Ridership In U.S. Urban Areas, Mti Report 12-19, Hiroyuki Iseki, Rubaba Ali
Net Effects Of Gasoline Price Changes On Transit Ridership In U.S. Urban Areas, Mti Report 12-19, Hiroyuki Iseki, Rubaba Ali
Mineta Transportation Institute
Using panel data of transit ridership and gasoline prices for ten selected U.S. urbanized areas over the time period of 2002 to 2011, this study analyzes the effect of gasoline prices on ridership of the four main transit modes—bus, light rail, heavy rail, and commuter rail—as well as their aggregate ridership. Improving upon past studies on the subject, this study accounts for endogeneity between the supply of services and ridership, and controls for a comprehensive list of factors that may potentially influence transit ridership. This study also examines short- and long-term effects and non-constant effects at different gasoline prices. The …