Who Ride the High Speed Rail in the United States: The Acela Express Case Study

2010 Joint Rail Conference, JRC2010, April 27-29, 2010, Urbana, Illinois, USA

9 Pages Posted: 23 Dec 2010

See all articles by Zhenhua Chen

Zhenhua Chen

The Ohio State University-City and Regional Planning

Date Written: 2010

Abstract

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 Cochrane-Orcutt Procedure is adopted to solve autocorrelation. The result shows that ticket price and train on-time performances, which are used to being thought as important factors affect ridership become insignificant, while other factors like employment of business and professional in the Northeast Corridor areas have higher influence on high speed train ridership. The broader objective of this research is to provide policy suggestions for building of an efficient high-speed rail network that can both be profitable and solve practical problems that the contemporary transportation system faces.

Keywords: High Speed Rail, Acela Express, Ridership

JEL Classification: C32, L92, R41

Suggested Citation

Chen, Zhenhua, Who Ride the High Speed Rail in the United States: The Acela Express Case Study (2010). 2010 Joint Rail Conference, JRC2010, April 27-29, 2010, Urbana, Illinois, USA , Available at SSRN: https://ssrn.com/abstract=1729816

Zhenhua Chen (Contact Author)

The Ohio State University-City and Regional Planning ( email )

275 West Woodruff Avenue
Columbus, OH 43210-1138
United States

HOME PAGE: http://u.osu.edu/chen.7172/

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
135
Abstract Views
916
rank
231,930
PlumX Metrics