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From page 253... ...
D-1 Appendix D: Multi-City Evaluation Technical Methodology We based our multi-city ridership analysis on a fixed effects panel data regression model of the log of annual unlinked bus or rail passenger trips in each of 215 MSAs from 2012 through 2018. We compiled the necessary data from the National Transit Database (NTD)
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D-2 ACS journey-to-work data. We used Bureau of Labor Statistics (BLS)
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D-3 To estimate the sensitivity of transit ridership to changes in the explanatory variables, we estimate a fixed effects panel data regression model (Greene, 2003)
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D-4 Where π₯π₯ππππππ is the explanatory variable for term k that we log-transform, π₯π₯ππππππ is the explanatory variable for term l that we do not log-transform. π½π½ππ and π½π½ππ are their corresponding coefficients.
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D-5 πΉπΉπΉπΉπΉπΉπ’π’ππππ = π¦π¦ππππ β π¦π¦ππππβ1 βοΏ½πΉπΉπΉπΉπΉπΉππππππ ππ (6) which is similar to a residual change.
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From page 258... ...
D-6 Erhardt, G
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