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Title:

Impact of the Financial Recession on the Taxi Market: Perceptions of Travelers and Taxi Drivers

Accession Number:

01552931

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States
Order URL: http://www.trb.org/Main/Blurbs/173204.aspx

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Order URL: http://worldcat.org/isbn/9780309369107

Abstract:

This paper investigates the impact of the economic recession on the taxi market in Greece. Data are used from two questionnaires, addressed to both taxi drivers and users. The perceptions of drivers and users about the effects of recession, service quality issues, and possible solutions to mitigate the negative impacts are recorded. The statistical tests reveal that significant differences exist between the responses before and during the economic recession regarding taxi use and working conditions of taxi drivers. A binary logit model is developed to analyze the effect of financial recession on taxi use. The model shows that trip purpose and frequency are the main factors that influence the possibility of reducing taxi use. Quantitative results provide useful information to the taxi industry, which can proceed in necessary management actions for mitigating impacts of financial recession.

Monograph Accession #:

01578186

Report/Paper Numbers:

15-3919

Language:

English

Authors:

Milioti, Christina P
Karlaftis, Matthew G
Spyropoulou, Dimitra

Pagination:

pp 67–75

Publication Date:

2015

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 2536
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

9780309369107

Media Type:

Print

Features:

References (37) ; Tables (9)

Geographic Terms:

Subject Areas:

Economics; Finance; Passenger Transportation; Public Transportation; I10: Economics and Administration

Files:

TRIS, TRB, ATRI

Created Date:

Dec 30 2014 1:17PM

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