Weathering the ride: Experimental evidence on transport pricing, climate extremes, and future travel demand

IF 5.5 3区经济学 Q1 BUSINESS

Journal of Environmental Economics and Management Pub Date : 2024-04-03 DOI:10.1016/j.jeem.2024.102978

Peter Christensen , Adam Osman , Abigail Stocker

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引用次数: 0

Abstract

The future of travel will be characterized by changes in weather patterns and changes in transportation technology. How will these forces interact? We explore this question by utilizing a unique randomized experiment with Uber riders in Cairo, Egypt. We consider how very hot days ( $>$ 35 °C/95 °F) affect transportation choices, how a sizeable price decrease (simulating a future with autonomous vehicles and access to cheaper transportation) changes travel, and how the interaction of these two elements affects choices. We find that while travel will increase significantly in response to the price decrease, extreme weather dampens this effect by 21%. Individuals receiving subsidies also shift away from public transportation modes and towards private transportation modes, except when the public transit option is air-conditioned. These results provide important insights for policymakers when considering optimal travel policy in the face of climate change.

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风雨兼程：关于交通定价、极端气候和未来出行需求的实验证据

未来旅行的特点将是天气模式的变化和交通技术的变革。这些力量将如何相互作用？我们以埃及开罗的 Uber 乘客为对象，通过独特的随机实验来探讨这个问题。我们考虑了酷热天（35°C/95°F）对交通选择的影响、大幅降价（模拟未来自动驾驶汽车和更便宜的交通方式）对出行的影响，以及这两个因素的相互作用对选择的影响。我们发现，虽然价格下降会显著增加出行，但极端天气会将这种影响抑制 21%。获得补贴的个人也会从公共交通模式转向私人交通模式，除非公共交通有空调。这些结果为政策制定者在面对气候变化时考虑最优出行政策提供了重要启示。

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来源期刊

Journal of Environmental Economics and Management Multiple-

CiteScore

8.00

自引率

4.30%

发文量

期刊介绍： The Journal of Environmental Economics and Management publishes theoretical and empirical papers devoted to specific natural resources and environmental issues. For consideration, papers should (1) contain a substantial element embodying the linkage between economic systems and environmental and natural resources systems or (2) be of substantial importance in understanding the management and/or social control of the economy in its relations with the natural environment. Although the general orientation of the journal is toward economics, interdisciplinary papers by researchers in other fields of interest to resource and environmental economists will be welcomed.