Topic: Research News
A study by Carnegie Mellon University and Oxford Saïd Business School found that ride-hailing services like Uber and Lyft increased regional GDP per capita and flexible jobs in US cities. The researchers analyzed data from 167 metropolitan areas between 2010 and 2019.
Ride-hailing has become a common part of urban life in the United States. But how does it affect local economies? A new study tried to answer this question by looking at the launch of ride-hailing services across 167 metropolitan areas between 2010 and 2019.
The researchers compared economic trends before and after the entry of these transportation network services (TNCs). They found that two indicators shifted: Regional GDP per capita increased, and the number of seasonal, temporary or intermittent jobs rose. This suggests that ride-hailing expanded access to flexible work and unlocked new economic activity tied to increased mobility.
The study's lead author, Jeremy Michalek, said,
Implications
A study by Carnegie Mellon University and Oxford Saïd Business School found that ride-hailing services like Uber and Lyft increased regional GDP per capita and flexible jobs in US cities. The researchers analyzed data from 167 metropolitan areas between 2010 and 2019.
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