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Estimating the Price Elasticity of Demand for Subways: Evidence from Mexico

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NBER2020-12-01 更新2025-01-04 收录
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This paper uses fare changes in Mexico City, Guadalajara, and Monterrey to estimate the price elasticity of demand for urban rail transit. In two of the cases there is a significant fare increase (30%+), and in the third there is a 60-day fare holiday. Ridership responds sharply in the expected

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2020-12-01
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