TRB Pubsindex
Text Size:

Title:

Traffic Congestion’s Economic Impacts: Evidence from U.S. Metropolitan Regions

Accession Number:

01472811

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

Congestion alleviation has long been a core planning objective in most transportation programs, but existing policy portfolios have been both costly and unsuccessful at alleviating congestion. Road gridlock is inconvenient, but it remains unclear under which conditions this indicator of active urban places also impedes other social objectives, among which this research focuses on the economy. Using panel data for 88 U.S. Metropolitan Statistical Areas (MSAs), this study estimates congestion’s drag on employment growth (1993 to 2008) and gross metropolitan productivity growth per capita (2001 to 2008). Results indicate that higher congestion is not associated with slower productivity growth, but is associated with slower employment growth rates above congestion levels of 28 (shorter-term) or 32 annual hours of delay per commuter (longer-term). Nevertheless, evidence also suggests that natural adaptations to congestion through shifts in industry mix moderate congestion's expected drag - particularly over the longer term.

Supplemental Notes:

This paper was sponsored by TRB committee ABE20 Transportation Economics.

Monograph Accession #:

01470560

Report/Paper Numbers:

13-2625

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Sweet, Matthias

Pagination:

23p

Publication Date:

2013

Conference:

Transportation Research Board 92nd Annual Meeting

Location: Washington DC, United States
Date: 2013-1-13 to 2013-1-17
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Identifier Terms:

Geographic Terms:

Subject Areas:

Economics; Highways; Planning and Forecasting; Society; I10: Economics and Administration; I72: Traffic and Transport Planning

Source Data:

Transportation Research Board Annual Meeting 2013 Paper #13-2625

Files:

TRIS, TRB, ATRI

Created Date:

Feb 5 2013 12:33PM