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

George H. K. Wang and David Skinner

Transportation Research Part B: Methodological, 1984, vol. 18, issue 1, 29-41

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.

Date: 1984
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