Abstract
This paper is devoted to discussion of econometric techniques, utilized for analysis of bus stop spatial allocation. Majority of researches are focused on bus route characteristics, averaged by route (average distance between bus stops) or by time (daily ridership on a bus stop level). Meanwhile, modern electronic ticketing systems are widely used and their detailed data can be used for analysis with advanced econometric techniques. We discussed shortcomings of existing empirical researches in this area and proposed a list of econometric models, which can be applied for deeper analysis of bus stops. We suggest possible specifications of spatial regression models, which take spatial dependence between individual bus stops and spatial heterogeneity into account. Also we discussed possible applications of the stochastic frontier model to bus stop benchmarking.
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Pavlyuk, D. (2015). Spatial Allocation of Bus Stops: Advanced Econometric Modelling. In: Zamojski, W., Mazurkiewicz, J., Sugier, J., Walkowiak, T., Kacprzyk, J. (eds) Theory and Engineering of Complex Systems and Dependability. DepCoS-RELCOMEX 2015. Advances in Intelligent Systems and Computing, vol 365. Springer, Cham. https://doi.org/10.1007/978-3-319-19216-1_31
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DOI: https://doi.org/10.1007/978-3-319-19216-1_31
Publisher Name: Springer, Cham
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