000			01138nam a22001577a 4500
999			_c518507 _d518507
008			210927b ||||| |||| 00| 0 eng d
100			_aGu, Y. et al _929573
245			_aSubways and road congestion
260			_aAmerican Economic Journal: Applied Economics
300			_a13(2), Apr, 2021: p.83-115
520			_aWe study whether subways alleviate road congestion by examining 45 subway line launches in China and by using detailed data on road speed. Our difference-in-differences estimation finds that in the first year after a subway line is launched, rush hour speed on nearby roads increases by about 4 percent. The effect is most prominent in initially congested roads and declines over distance to the new subway line. Evidence on road speed is corroborated with substitution patterns among modes of transportation. Using auxiliary data from Beijing, we calculate that the time savings for each automobile or bus commute from faster speed is worth US$0.10. – Reproduced
650			_aSubways, Road congestion _929574
773			_aAmerican Economic Journal: Applied Economics
906			_aROAD TRANSPORT
942			_cAR