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.
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2010 Joint Rail Conference
April 27–29, 2010
Urbana, Illinois, USA
Conference Sponsors:
- Rail Transportation Division
ISBN:
978-0-7918-4907-1
PROCEEDINGS PAPER
Who Rides the High Speed Rail in the United States: The Acela Express Case Study Available to Purchase
Zhenhua Chen
Zhenhua Chen
George Mason University, Fairfax, VA
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Zhenhua Chen
George Mason University, Fairfax, VA
Paper No:
JRC2010-36236, pp. 357-365; 9 pages
Published Online:
October 28, 2010
Citation
Chen, Z. "Who Rides the High Speed Rail in the United States: The Acela Express Case Study." Proceedings of the 2010 Joint Rail Conference. 2010 Joint Rail Conference, Volume 2. Urbana, Illinois, USA. April 27–29, 2010. pp. 357-365. ASME. https://doi.org/10.1115/JRC2010-36236
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