Examining consumer behavior and travel choices.
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2013-02-01
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Abstract:This study represents a first attempt to answer a few of the questions that have arisen concerning multimodal transportation investments and the ; impacts of mode shifts on the business community. This research aims to merge the long history of scholarly work that examines the impacts of ; the built environment on non-work travel with the relatively new interest in consumer spending by mode of travel. This empirical study of travel ; choices and consumer spending across 89 businesses in the Portland metropolitan area shows there are important differences between the amounts ; customers spend on average at various businesses by their mode of travel. However, these differences become less pronounced when we control ; for demographics of the customer and other attributes of the trip. This study of consumer spending and travel choices has some compelling ; findings that suggest some key spending and frequency differences by mode of travel that will likely invigorate the discussion of the economic ; impacts of these modes. ; Key findings are: 1) Bicyclists, pedestrians and transit riders are competitive consumers: When demographics and socioeconomics are controlled ; for, mode choice does not have a statistically significant impact on consumer spending at convenience stores, drinking establishments and ; restaurants. When trip frequency is accounted for, the average monthly expenditures by customer modes of travel reveal that bicyclists, transit ; users and pedestrians are competitive consumers and, for all businesses except supermarkets, spend more on average than those who drive and 2) ; The built environment matters: We support previous literature and find that residential and employment density, the proximity to rail transit, and ; the amount of automobile and bicycle parking are all important in explaining the use of non-automobile modes. In particular, provision of bike ; parking and bike corrals are significant predictors of bike mode share at the establishment level. ; Other findings lend more insight into the relationship between consumer behavior and travel choices. For the non-work destinations studied, the ; automobile remains the dominant mode of travel. Patrons are largely arriving by private vehicle to most of the destinations in this study, ; particularly to grocery stores where larger quantities of goods tend to be purchased. But, high non-automobile mode shares and short travel ; distances exist in areas of concentrated urban activity. ; In sum, this study provides some empirical evidence to answer the questions of business owners about how mode shifts might impact their market ; shares and revenues. More work is needed to better understand the implications of future changes and to provide a robust assessment of the returns ; on these investments and their economic impacts.
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Main Document Checksum:urn:sha-512:1a1a94d1d084ce3bd70711c4e756632454eb5ab22cfeea9da5ae7b4fb04baf3d3ea3ed242a08daf34c580b4e18adb2575e1493c66ea02c40732184fe949d522d