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Rural Transit and Price Sensitivity: Preliminary Thoughts and Findings

来源:湖南大学经济与管理研究中心  日期:2016-12-14 人气:

   题:Rural Transit and Price Sensitivity: Preliminary Thoughts and Findings


主讲人:Dr. Patrick McCarthy

        Special-term Professor of Center for Economics, Finance and Management Studies, Hunan University.

           

   10:00 - 11:30 AM, Dec. 15, 2016 (Thursday) .

 

   点:NO.2 Teaching Building, Room 303


  

Rural and small town America accounted for 14% (46.2 million) of the population in 2015. Those living in rural areas are widely dispersed, covering 72% of the nation’s land area. Annual population has decreased an average of 33,000 per year between 2010 and 2014, a decrease that slowed to 4,000 in 2015. And the population changes have not been uniform throughout the country. Accompanying these changes have been disinvestment/abandonment of highway and rail infrastructure, high costs of providing public transit service, and greater delays in receiving emergency medical attention leading to more deaths and serious injury. The focus of this presentation is on rural public transit in the state of Georgia and the extent to which use of the system is sensitive to the average fare. Unlike typical urban systems, rural public transit is ‘demand-responsive’ with no routes and in some cases free to use. The presentation will summarize the salient features of public transit in rural Georgia and report panel data estimates of the system’s average fare sensitivity based on a two-year panel of data.



 

主讲人介绍:

Dr. Patrick McCarthy is a Professor in the School of Economics in the Ivan Allen College of Liberal Arts and Director of the Center for Paper Business and Industry Studies (CPBIS) at Georgia Institute of Technology. His research areas include transportation economics, industry studies, regulation, and applied econometrics. He is author of Transportation Economics Theory and Practice: A Case Study Approach (Blackwell Publishers, 2001), has published widely in academic journals and edited volumes, and has received research funding from the Sloan Foundation, National Institutes of Health, Georgia Department of Transportation, Georgia Tech University Transportation Center, the Federal Aviation Administration, National Science Foundation, and AAA Foundation for Traffic Safety. He is on the editorial boards of Transportation Research: Part E and Journal of Transport Literature, is incoming President of the Transportation Research Forum, and current President of the Transportation and Public Utilities Group.  Prior to Georgia Tech, he spent two years at Concordia University (Montreal, Canada) and twenty-two years at Purdue University (West Lafayette, Indiana). He has held visiting positions in Greece, Singapore, Germany, and China.