Abstract
This article examines the gasoline price elasticity of ridership on a city transit system. Multiple regression models are developed to explain variations in ridership due to changes in gasoline prices, bus system size, and other variables. The estimated gasoline price elasticity of bus ridership is. 3, which is very strong statistically. This provides insight into the possible relationship between future federal energy policies which will influence future gasoline prices and urban transportation modal choices.
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References
Gulf Oil Company, Los Angeles, California, unpublished data.
Public Transportation Division, City of Tucson, Arizona,Monthly Transit Progress Report, January, 1976 to June 1976 and unpublished data.
R. J. Wallin and P. H. Wright, “Factors Which Influence Modal Choice,”Traffic Quarterly, January 1974, pp. 271–289.
John T. Wenders, “Two Forces Frustrate Transportation Change,”Arizona Review, June/July, 1974, p. 4.
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Agthe, D.E., Billings, R.B. The impact of gasoline prices on urban bus ridership. Ann Reg Sci 12, 90–96 (1978). https://doi.org/10.1007/BF01287497
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DOI: https://doi.org/10.1007/BF01287497