Willingness to pay for public transportation options for improving the quality of life of the rural elderly |
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| Affiliation: | 1. Texas Association of School Boards, Risk Management Services, Austin, TX 77843-2124, United States;2. Department of Agricultural Economics, Texas A&M University, College Station, TX 77845-2124, United States;3. Department of Agricultural Economics, Texas AgriLife Extension, College Station, TX 77843-2124, United States;4. Department of Agricultural, Food and Resource Economics, Rutgers University, New Brunswick, NJ 08901, United States;5. Texas Transportation Institute, The Texas A&M University System, 701 N. Post Oak Rd, Houston, Texas 77024, United States;6. Department of Agricultural Economics, Texas A&M University, College Station, TX 77843-2124, United States;1. Transportation Research Institute, Technion City, Haifa 32000, Israel;2. Transport Research Unit, Department of Geography and the Environment, Tel Aviv University, P.O.B 39040, Tel Aviv 69978, Israel;1. University of Rhode Island, College of Business Administration, Department of Marketing and Supply Chain Management, Kingston, RI 02881, United States;2. University of Connecticut Storrs, College of Liberal Arts, Department of Economics, Storrs, CT 06269, United States;1. Korea Research Institute for Human Settlements (KRIHS), South Korea;2. Department of Urban Management, Kyoto University, Japan;3. Institute of Innovation for Future Society, Nagoya University, Japan;4. Department of Earth Resource Sciences, Kyoto University, Japan;5. Shizuoka Railway CO. LTD, Japan;1. Department of Agribusiness and Applied Economics, North Dakota State University, United States;2. College of Business, North Dakota State University, United States |
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| Abstract: | Transportation for the rural elderly is an increasing concern as baby boomers age and young people continue to exit rural communities. When the elderly are no longer able to drive, they rely on alternative forms of transportation, including public transportation systems. Currently, such systems are usually not good substitutes for driving a private car, especially in rural areas. Because expanded rural transportation systems would likely be funded by taxpayers, an understanding of their preferences and willingness to pay (WTP) for non-medical transportation options is essential. To help understand WTP and preferences, a choice experiment survey was administered to taxpayers in three counties (Atascosa, Polk, and Parker) in Texas. Results indicate taxpayers’ value transportation services for the elderly and are willing to support them. They value more flexible options over base levels of the attributes presented, but they may not always prefer the most flexible options. Respondents’ WTP for the same transportation attribute was similar across counties, but differences in socio-demographic coefficients suggest that transportation systems may need to be customized to meet local needs. Furthermore, county residents’ WTP may not cover the cost of desired improvements to the transportation systems. |
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| Keywords: | Elderly quality of life Elderly transportation Mixed logit Survey Willingness to pay |
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