.2.1 Passenger Ridership and Revenue Estimates
An estimate of trips was needed for estimating the economic impacts. Since modeling of
ridership and revenue was not envisioned for this stage of the study, a non-parametric analysis of
trips were derived. This was achieved by applying a number of assumptions. The revenue
estimates were derived by applying typical fare estimates. These range from $0.35 per mile for a
150-mph high-speed rail to $0.40 per mile for 250-mph technologies. Exhibit 7.2 shows the
estimated ridership and revenue summary