Study Explores The Impact Of Uber On The Taxi Industry

Forbes – January 26, 2017

A new paper examines the impact Uber has had on the income of taxi drivers in a range of U.S. cities. Despite widespread protests against the sharing economy platform, the analysis revealed that the impact was muted. For instance, whilst it typically resulted in a fall in income of around 10% among salaried drivers, it resulted in a 50% rise in the number of self-employed drivers in a city.

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