期刊
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
卷 87, 期 -, 页码 72-93出版社
ACADEMIC PRESS INC ELSEVIER SCIENCE
DOI: 10.1016/j.jeem.2017.03.007
关键词
Traffic congestion; Public transportation; Bicycle-sharing; Pollution; Automobile externalities
This study explores the impact of bicycle-sharing infrastructure on urban transportation. We estimate a causal effect of the Capital Bikeshare on traffic congestion in the metropolitan Washington, D.C., area. We exploit a unique traffic dataset that is finely defined on a spatial and temporal scale. Our approach examines within-city commuting decisions as opposed to traffic patterns on major thruways. Empirical results suggest that the availability of a bikeshare reduces traffic congestion upwards of 4% within a neighborhood. In addition, we estimate heterogeneous treatment effects using panel quantile regression. Results indicate that the congestion-reducing impact of bikeshares is concentrated in highly congested areas. (C) 2017 Elsevier Inc. All rights reserved.
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