Table 2 Impact of TNCs on PT ridership

From: Impacts of transportation network companies on urban mobility

Dependent variable log(PT ridership)
(1) Model 1 (2) Model 2
  Estimate t statistic Estimate t statistic
Constant 12.7518 172.387*** 12.7300 171.004***
TNC −0.0890 −11.597***   
Within 1 year of TNC entry    −0.0768 −9.084***
Within 1–2 years of TNC entry    −0.1216 −10.812***
Within 2–3 years of TNC entry    −0.1598 −10.256***
Within 3–4 years of TNC entry    −0.1583 −6.852***
Beyond 4 years of TNC entry    −0.1628 −5.384***
Two TNC operators    −0.0212 −2.243**
Control variables Yes   Yes  
MSA fixed effect Yes   Yes  
Month fixed effect Yes   Yes  
No. of observations 24,654   24,654  
Adjusted R2 0.9816   0.9817  
  1. Significance codes: ***P < 0.01; **P < 0.05; *P < 0.1.