01663938

Component

This paper investigates how businesses perceive the impact of raised medians and examines the actual economic impact of raised medians in South Carolina. To study how businesses perceive the impact, a business survey is conducted. To assess the actual economic impact, a post-facto technique is used that analyzes the sales volume of businesses before and after raised median installations. Sales volume of negatively affected businesses is compared against a control group. The results show that the raised median was not the reason why the affected businesses experienced a decrease in sales volume and the local economy is found to be the primary cause for the decrease in sales volume. Lastly, a binary logit model is developed to determine which factors have an effect on how businesses perceive the impact of raised medians. The model results indicate that businesses that located along the corridors with raised medians, destination businesses, businesses with driveway(s) on a minor street and businesses with high sales volume are associated with increased probability of indicating raised medians have no negative impact on gross sales. Conversely, businesses with busiest hours occurring during the peak hours are associated with decreased probability of indicating raised medians have no negative impact on gross sales.

This paper was sponsored by TRB committee AHB70 Standing Committee on Access Management.

18-04887

English

0000-0002-2445-6024

7p

2018

Transportation Research Board 97th Annual Meeting

Digital/other

References; Tables

Businesses; Economic impacts; Logits; Median barriers; Revenues; Sales; Statistical analysis; Surveys

South Carolina

Finance; Highways; Operations and Traffic Management; Planning and Forecasting

Transportation Research Board Annual Meeting 2018 Paper #18-04887

TRIS, TRB, ATRI

Jan 8 2018 11:12AM