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Title: Transit Service, Physical Agglomeration, and Productivity in U.S. Metropolitan Areas
Accession Number: 01479184
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Abstract: Public transit improvements could cause more clustered and higher-density employment and enable urban growth, giving rise to agglomeration economies by making labor markets more accessible, increasing information exchange, and facilitating industrial specialization. Using data on almost all metropolitan areas in the United States, the authors explicitly traced the links between transit service and multiple physical measures of agglomeration, and hence to wages and gross metropolitan product per capita. Doubling transit service levels (using measures such as total seat capacity) is associated with large increases in central city employment density and consequent wage increases ranging from 1.1 to 1.8 percent, or between $7 million and $12 billion yearly per metropolitan area depending on the size of the workforce and the starting average wage. Firms and households likely receive unanticipated benefits from transit-induced agglomeration, and current benefit-cost evaluations may underestimate the benefits of improving transit service.
Supplemental Notes: This paper was sponsored by TRB committee ABE20 Transportation Economics.
Monograph Title: Monograph Accession #: 01470560
Report/Paper Numbers: 13-4710
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Chatman, Daniel GNoland, Robert BPagination: 22p
Publication Date: 2013
Conference:
Transportation Research Board 92nd Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References; Tables
TRT Terms: Uncontrolled Terms: Geographic Terms: Subject Areas: Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning
Source Data: Transportation Research Board Annual Meeting 2013 Paper #13-4710
Files: PRP, TRIS, TRB, ATRI
Created Date: Feb 5 2013 12:55PM
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