Table 6.
Estimation results for the metro ridership by weekdays and weekends.
Panel I: Beijing |
Panel II: Shanghai |
|||||||
---|---|---|---|---|---|---|---|---|
Weekday | Weekend | Weekday | Weekend | |||||
Variable | Coef. | S.E. | Coef. | S.E. | Coef. | S.E. | Coef. | S.E. |
Constant | −36.795*** | 7.080 | −29.589*** | 1.237 | −12.739** | 5.458 | −16.195*** | 0.987 |
COVID19cum14 | −0.096*** | 0.010 | −0.081*** | 0.020 | −0.127*** | 0.015 | −0.076** | 0.030 |
COVID19im | n. a. | n. a. | −1.429* | 0.750 | n. a. | n. a. | n. a. | n. a. |
LevelI | −51.189*** | 1.898 | −46.152*** | 3.118 | −55.833*** | 2.222 | −55.167*** | 3.499 |
LevelII | −17.574*** | 1.875 | −28.434*** | 3.412 | −28.732*** | 1.663 | −37.907*** | 3.169 |
GDPd | 0.209*** | 0.069 | n. a. | n. a. | 0.088* | 0.049 | n. a. | n. a. |
Temperature | −0.266*** | 0.053 | n. a. | n. a. | −0.224*** | 0.054 | n. a. | n. a. |
Precipitation | −0.157*** | 0.058 | n. a. | n. a. | −0.202*** | 0.031 | −0.395*** | 0.068 |
AIC | 3090 | 1588 | 2957 | 1517 | ||||
BIC | 3122 | 1608 | 2989 | 1537 | ||||
Observation | 415 | 194 | 415 | 194 |
Note: ***, **, and * indicate statistical significance at the 1%, 5%, and 10% levels, respectively.