Showing 1 - 10 of 590
US Class I railroads have been operating profitably and carrying substantial market share of traffic, in spite of the inherent disadvantages of rail transport as well as highly developed road, water and air transport infrastructure. This paper examines the key initiatives that railroads have...
Persistent link: https://www.econbiz.de/10014152624
This paper outlines the evolution, structure and operations of US railroads. It traces the evolution of the railroad network and the regulation framework. The current industry structure is also examined along with organization and operational characteristics. The strategies underlying the...
Persistent link: https://www.econbiz.de/10014153836
We examine the impact of Artificial Intelligence (AI) on productivity in the context of taxi drivers. The AI we study assists drivers with finding customers by suggesting routes along which the demand is predicted to be high. We find that AI improves drivers' productivity by shortening the...
Persistent link: https://www.econbiz.de/10013435174
Which Americans experience the worst infrastructure? What are the costs of living with that infrastructure? We measure road roughness throughout America using vertical acceleration data from Uber rides across millions of American roads. Our measure correlates strongly and positively with other...
Persistent link: https://www.econbiz.de/10014447302
In this study, we focus on the Acela Express, and try to find out how selected internal and external factors affect the Acela Express’s ridership. A two-stage least square regression model is introduced in order to eliminate the endogeneity problem caused by price and ridership. Also the...
Persistent link: https://www.econbiz.de/10014187840
Secretary of Transportation Pete Buttigieg’s proposal to make the United States a “world leader” in high‐​speed rail would add more than $4 trillion to the federal debt for construction of new rail lines plus tens of billions of dollars of annual deficit spending to subsidize operating...
Persistent link: https://www.econbiz.de/10013232626
Congestion levels have grown substantially in recent years, while the traditional economic response to congestion – road pricing – remains politically infeasible in most locations. Tradable permits are likely to be a more viable alternative, because they do not require a net financial flow...
Persistent link: https://www.econbiz.de/10011960485
This paper uses a difference-in-differences strategy and an event-study analysis to evaluate the effect of Uber entries on vehicle miles traveled (VMT) in 346 US MSAs between 2011 and 2017. Empirical results demonstrate that Uber entries have no significant effect on the total VMT in a city....
Persistent link: https://www.econbiz.de/10014080240
We exploit the abundance of tax changes in the airline industry after the DOT's full-disclosure rule. We determine the "effective" tax rate and analyze how passengers reacted to the tax changes. Hausman-type instruments are used to address the problems arising from endogenously determined...
Persistent link: https://www.econbiz.de/10014107556
The purpose of this article is to show that, in Canada as in the United States, government regulation promotes sprawl through anti-density zoning, minimum parking requirements, and overly wide streets. However, Canadian cities are less "sprawling" than American cities- perhaps because at least...
Persistent link: https://www.econbiz.de/10014167919