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3 report(s) found with elasticity (economics) in the keywords field
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Rising fuel prices have led to significant increases in costs for public transit agencies. A possible benefit from higher gas prices, though, is an increase in public transit ridership. This study estimates the effects of gas prices on bus ridership by employing a variety of models. Since the price of...

This research focuses on the long-standing relationship between the rail industry and production agriculture. It will investigate the differential effects of policy change, considering factors that have influenced pricing service for corn, wheat and soybeans in a deregulated rail industry.

The overall objective was to determine the extent that economies of size and density are available to short line railroads. Size economies are limited for short line railroads. For example, doubling the size of the network (from 56 to 129 miles) decreases costs by only 6.9 percent. The elasticity of...

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