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A dynamic panel model is used to estimate the effect that fares, income and quality of service have on demand for a sample of 22 urban metros. The estimated price elasticity is -0.05 in the short run and -0.33 in the long run. The estimated long run income elasticity is small but positive...
Persistent link: https://www.econbiz.de/10009202291
The literature on land and property values demonstrates a great deal of variability in the estimated change in values arising from rail investments. This paper conducts a meta-analysis on empirical estimates from 23 studies (102 observations) that analysed the impact of rail on land/property...
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Purpose: This paper describes a benchmarking framework applied to medium-sized urban public bus agencies in the United States, which has overcome the challenges of data quality, comparability, and understanding. Design/methodology/approach: The benchmarking methodology described in this paper...
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Time series cointegration techniques are used to estimate whether the Mexico City metro is perceived as a normal or inferior good. Owing to the fact that the Mexico City metro mainly serves the low income sectors of the population, this paper attempts to separate the overall income effect into...
Persistent link: https://www.econbiz.de/10004973369
This paper examines the role of urban scale, density and land-use mix on the incidence of road pedestrian casualties. It develops a spatial model at a disaggregate level that attempts to understand how the nature of the urban environment, with its associated traffic generation characteristics,...
Persistent link: https://www.econbiz.de/10010826846