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Ride-hailing services and vehicle ownership: evidence from Indian metropolitan cities

B. Ajay Krishna (Madras School of Economics, Chennai, India)

Journal of Indian Business Research

ISSN: 1755-4195

Article publication date: 16 February 2024

Issue publication date: 4 April 2024

80

Abstract

Purpose

This study aims to examine the differential impact of ride-hailing services (RHS) on private and commercial vehicle ownership from five metropolitan cities in India.

Design/methodology/approach

Using vehicle ownership data from five metropolitan cities over period 1991 to 2020, a panel corrected standard errors model was estimated to model the association between RHS and vehicle ownership.

Findings

The results indicate that advent of RHS has led to a significant reduction in private vehicle ownership rates and a corresponding increase in addition of intermediate public transport. The net effects of RHS on road congestion and pollution levels need to be studied in detail.

Practical implications

The findings of this study can potentially assist policymakers and mobility planners in efforts to decarbonise and decongest urban transport.

Originality/value

This study sets precedence in analysing the impact of RHS on private and commercial vehicle independently. Further, to the best of the author’s knowledge, this is the first study to examine this association for the city of Delhi and Kolkata.

Keywords

Acknowledgements

The author would like to extend his thanks to Madras School of Economics for providing him the platform to carry this work. The author would also like to extend his sincere gratitude to his supervisor Dr K. S. Kavi Kumar, Professor, Madras School of Economics for his valuable inputs and constant guidance throughout this research process.

Citation

Krishna, B.A. (2024), "Ride-hailing services and vehicle ownership: evidence from Indian metropolitan cities", Journal of Indian Business Research, Vol. 16 No. 1, pp. 84-97. https://doi.org/10.1108/JIBR-05-2023-0175

Publisher

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Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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