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Title:

Transit and Economic Resilience
Cover of Transit and Economic Resilience

Accession Number:

01558349

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

Do fixed-guideway transit systems facilitate resilience with metropolitan areas? There is little literature making this connection theoretically and none testing it empirically. This paper helps close this gap in both respects. In evaluating metropolitan areas with light rail transit systems the authors find evidence that transit corridors on the whole performed better than control corridors during the recovery period of two recessions: that of the early 2000s and the so-called Great Recession. In particular, during the Great Recession transit corridors outperformed control corridors among many economic sectors. Outcomes were more impressive during recoveries from both the recession of the early 2000s and the Great Recession. The authors offer implications for the role of these forms of fixed-guideway transit on economic resiliency

Supplemental Notes:

This paper was sponsored by TRB committee ADD10 Transportation and Economic Development.

Monograph Accession #:

01550057

Report/Paper Numbers:

15-5474

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Nelson, Arthur C
Miller, Matt
Ganning, Joanna P
Stoker, Philip
Liu, Jenny H

ORCID 0000-0002-9362-014X

Ewing, Reid

ORCID 0000-0002-4117-3456

Pagination:

21p

Publication Date:

2015

Conference:

Transportation Research Board 94th Annual Meeting

Location: Washington DC, United States
Date: 2015-1-11 to 2015-1-15
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Subject Areas:

Economics; Planning and Forecasting; Public Transportation; I10: Economics and Administration; I72: Traffic and Transport Planning

Source Data:

Transportation Research Board Annual Meeting 2015 Paper #15-5474

Files:

PRP, TRIS, TRB, ATRI

Created Date:

Dec 30 2014 1:50PM