01514302

Component

Using an approximation based on the logistic growth function, the authors develop a modeling approach to predict office firm growth as a function of land-use variables. The model predicts firm growth in terms of firm size. To analyze the effects of location attributes, interaction terms of firm size with a set of location attributes are taken into account (i.e., size x proximity to airport, size x population, and so on). The findings suggest that firm growth is highly influenced by location attributes, which is expected from the perspective of land use transportation integrated (LUTI) models. Although the results are in line with previous empirical research, the authors could analyze a larger set of attributes compared to what is found in the literature. This study thus makes a contribution to the field by advancing the analysis of firm growth from an urban and transportation planning perspective. In sum, a firm growth component built from a firm demographic approach is defined through estimated parameters, which in turn can be integrated into a larger LUTI system.

This paper was sponsored by TRB committee ADB40(2) Integrated Transportation and Land Use Modeling. Alternate title: Approach for Modeling Office Firm Growth in Land Use Transportation Integrated Systems.

01503729

14-0625

English

16p

2014

Transportation Research Board 93rd Annual Meeting

Digital/other

Figures; References; Tables

Businesses; City planning; Land use; Transportation planning

Business growth; Integrated models

Planning and Forecasting; Transportation (General); I72: Traffic and Transport Planning

Transportation Research Board Annual Meeting 2014 Paper #14-0625

TRIS, TRB, ATRI

Jan 27 2014 2:17PM