Table 3 Impact of TNCs on vehicle ownership
From: Impacts of transportation network companies on urban mobility
Dependent variable | log(vehicle ownership) | |||||
|---|---|---|---|---|---|---|
(1) Model 1 | (2) Model 1 + top 10 transit | (3) Model 2 | ||||
Estimate | t statistic | Estimate | t statistic | Estimate | t statistic | |
Constant | 0.4244 | 42.622*** | 0.4172 | 41.615*** | 0.4205 | 41.915*** |
TNC | −0.0003 | −0.239 | 0.0011 | 0.963 | ||
TNC × top 10 transit | −0.0103 | −4.620*** | ||||
Within 1 years of TNC entry | −0.0007 | −0.607 | ||||
Within 1–2 years of TNC entry | −0.0026 | −1.690* | ||||
Within 2–3 years of TNC entry | −0.0023 | −1.127 | ||||
Within 3–4 years of TNC entry | –0.0044 | −1.511 | ||||
Beyond 4 years of TNC entry | −0.0109 | −2.906*** | ||||
Two TNC operators | 0.0017 | 1.389 | ||||
Control variables | Yes | Yes | Yes | |||
MSA fixed effect | Yes | Yes | Yes | |||
Year fixed effect | Yes | Yes | Yes | |||
No. of observations | 2,088 | 2,088 | 2,088 | |||
Adjusted R2 | 0.9760 | 0.9763 | 0.9761 | |||
