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Title:

An Optimal Resource Allocation Tool for Urban Development Using GIS-Based Accessibility Measures and Stochastic Frontier Analysis

Accession Number:

01044588

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

Assessments of transportation investment from a ?social efficiency? viewpoint are absent from transportation policy analysis and marketing practice. This is mainly due to the lack of tools capable to assess the role of transportation infrastructure investment on the provision of activity opportunities to residents of each locality. In this paper we demonstrate a tool that identifies specific locations in the state where resource allocation has succeeded in maximizing benefits to the public. In addition, the tool and the Geographic Information System map derived from this tool show which locations in California fail to be optimal and require their residents to travel excessively to pursue the same amount of activities when compared to other optimal locations around the state where traveling enables better time allocation. Efficiency is measured using stochastic frontier regression analysis and a wide variety of derived land use and transportation infrastructure indicators as inputs. The outputs examined are indices of location opportunities including retail, education, health, and manufacturing. The tool thus developed shows which demographic segments suffer the most from suboptimal time allocation and what type of investment is needed to alleviate this suffering. This new tool also shows the distribution of benefits of the transportation system and identifies differences in benefits across regions. In addition to the substantive findings about and mapping of the relative investment efficiency in California, this paper also presents a method to assess efficiency in a multi-objective environment.

Monograph Accession #:

01042056

Report/Paper Numbers:

07-0568

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Goulias, Konstadinos G

Pagination:

16p

Publication Date:

2007

Conference:

Transportation Research Board 86th Annual Meeting

Location: Washington DC, United States
Date: 2007-1-21 to 2007-1-25
Sponsors: Transportation Research Board

Media Type:

CD-ROM

Features:

Figures (2) ; References; Tables (3)

Geographic Terms:

California

Subject Areas:

Planning and Forecasting; Public Transportation; Society

Source Data:

Transportation Research Board Annual Meeting 2007 Paper #07-0568

Files:

TRIS, TRB

Created Date:

Feb 8 2007 5:09PM