Abstract This paper presents eight empirical models of monthly ridership for seven U.S. Transit Authorities. Within the framework of these models, the impacts upon monthly ridership from changes in the real fare and gasoline prices are examined. Important findings are: (1) the elasticities of monthly transit ridership with respect to the real fare are negative and inelastic, ranging from 0.042 to 0.62; and (2) the elasticities of monthly transit ridership with respect to the real gasoline price are positive and inelastic, ranging from 0.08 to 0.80. Such results have important policy implications for decisions based on the relationships of price, revenue, and ridership; and for assessing the impacts of changing gasoline prices upon urban modal choice.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    The impact of fare and gasoline price changes on monthly transit ridership: Empirical evidence from seven U.S. transit authorities


    Contributors:


    Publication date :

    1983-02-07


    Size :

    13 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English



    Impact of Transit Fare Increase on Ridership and Revenue

    Hickey, Robert L. | Transportation Research Record | 2005




    The Effect of Fare Reductions on Public Transit Ridership

    J. R. Caruolo / R. P. Roess | NTIS | 1974