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Title:

Revisiting Labor Supply of New York City Taxi Drivers: Empirical Evidence from Large-Scale Taxi Data

Accession Number:

01557097

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

Taxicab activity patterns in urbanized regions have been subject to major changes over the past few years, especially after the introduction of online taxi-hailing applications. Demand-and-supply characteristics of taxicab services remain as a significant question to be analyzed when deciding on transportation policy improvements in big cities. On the other hand, labor supply theories that seek to explain possible income-targeting behavior in transitory wage changes have also been tested with taxicab driver data. However, empirical work on investigating the relation between income and work hours have resulted in conflicting findings mainly due to methodological differences and, to some extent, limited number of observations. One of the main limitations of taxi demand-supply questions have been lack of sufficient and reliable data. This paper presents an empirical assessment of taxicab drivers’ labor supply using a novel large-scale data source from New York City. Electronically collected data provides detailed information about work hours of drivers and collected fares. The methodological framework employed in this paper was mainly borrowed from the previous literature and the findings were compared with results from earlier studies. Some of the results using the large-scale data were found to deviate from these earlier findings. Moreover, seasonal variations in labor supply response to transitory wage changes were empirically identified. The results of this study provide empirical support for the income-targeting hypothesis.

Supplemental Notes:

This paper was sponsored by TRB committee AP060 Paratransit.

Monograph Accession #:

01550057

Report/Paper Numbers:

15-3331

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Morgul, Ender Faruk
Ozbay, Kaan

Pagination:

19p

Publication Date:

2015

Conference:

Transportation Research Board 94th Annual Meeting

Location: Washington DC, United States
Date: 2015-1-11 to 2015-1-15
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Geographic Terms:

New York (New York)

Subject Areas:

Economics; Highways; Planning and Forecasting; Public Transportation; I10: Economics and Administration; I72: Traffic and Transport Planning

Source Data:

Transportation Research Board Annual Meeting 2015 Paper #15-3331

Files:

TRIS, TRB, ATRI

Created Date:

Dec 30 2014 1:07PM