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YouTubeI wanted to share this article from "The Atlantic Cities", about a study on gas price and transit ridership elasticity.
Columbus Underground Messageboard » General Columbus Discussion
Article: "How Americans Really React to High Gas Prices"
[4 posts] [2 contributors]
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Walker
The KLD / Downtown
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Thanks for sharing! Interesting stuff.
Seems to be fairly common sense that a spike in gasoline prices would push people to alternative transit, but interesting to actually see some numbers behind that and some visualization too.
Thanks!
Posted 5 months ago # -
Polis
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I agree it seems like common sense, but it is an assumed behavior. This article gives an important elasticity number! Real numbers greater than simple correlations could lead to real funding and maybe even protect transit funding from being pilfered too much in the next round of surface transportation funding.
Plus this could quell some nay-sayers, particulary when looking at where transit elasticities are great. Cheyene, Des Moines and Albuquerque aren't particularly well known for transit but yet have high elasticities.
As addressed by the author of the article, the American love of the auto might hinge on gas prices more than previously thought.
Posted 5 months ago # -
Walker
The KLD / Downtown
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Polis said:
As addressed by the author of the article, the American love of the auto might hinge on gas prices more than previously thought.Definitely. Perceived affordability is one of the things that people love about cars and driving. The more expensive any commodity gets, the fewer people can afford it on the same type of basis/frequency... i.e., they "fall out of love with it".
Posted 5 months ago #
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