Cross-Elasticities in Frequencies and Ridership for Urban Local Routes
Joseph Totten and
David Levinson
No 157, Working Papers from University of Minnesota: Nexus Research Group
Abstract:
Observational data from the Minneapolis-Saint Paul region’s Metro Transit, are analyzed to determine the effects of service levels on ridership levels at different intervals. This research is innovative because it compares changes in service levels and ridership in several service intervals, and includes the elasticities and cross elasticities, or the influence that these service levels have on different service intervals’ ridership. These cross-elasticities are not known to have been researched previously, and are found to have little effect during the week; however, weekend ridership was found to be influenced by rush hour and overnight frequencies. Future research should replicate this study in other cities, and should use express and suburban routes.
Keywords: Transit ridership; Cross-elasticity (search for similar items in EconPapers)
JEL-codes: H43 L91 R40 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-tre and nep-ure
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Published in Journal of Public Transportation 19 (3): 117-125.
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http://hdl.handle.net/11299/181547 First version, 2016 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:nex:wpaper:transitcrosselasticity
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