The Effects of Gasoline Prices on Bus Ridership for Different Types of Transit Systems

Jeremy Mattson

Journal of the Transportation Research Forum, 2008, vol. 47, issue 3

Abstract: This study estimates the effects of gas prices on bus ridership for different types of transit systems. Because the price of gas can have a delayed effect on the demand for transit, a dynamic polynomial distributed lag model is utilized which measures short- and longer-run effects. The model is first applied to aggregate data for cities of different sizes and then to three specific small urban and rural transit systems in the Upper Great Plains. The results show that bus ridership is fairly inelastic with respect to gasoline price. Most of the estimated elasticities are in the range of 0.08 to 0.22, with two estimates being as high as 0.5.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://ageconsearch.umn.edu/record/206960/files/2101-4156-1-PB.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ndjtrf:206960

DOI: 10.22004/ag.econ.206960

Access Statistics for this article

More articles in Journal of the Transportation Research Forum from Transportation Research Forum
Bibliographic data for series maintained by AgEcon Search ().