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  
  1. Significance codes: ***P < 0.01; **P < 0.05; *P < 0.1.