Transit and Economic Resilience

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.
• Corporate Authors:

  Transportation Research Board

  500 Fifth Street, NW
  Washington, DC  United States  20001
• Authors:
  • Nelson, Arthur C
  • Miller, Matt
  • Ganning, Joanna P
  • Stoker, Philip
  • Liu, Jenny H
  • 0000-0002-9362-014X
  • Ewing, Reid
  • 0000-0002-4117-3456
• Conference:
  • Transportation Research Board 94th Annual Meeting
  • Location: Washington DC, United States
  • Date: 2015-1-11 to 2015-1-15
• Date: 2015

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: 21p
• Monograph Title: TRB 94th Annual Meeting Compendium of Papers

Subject/Index Terms

• TRT Terms: Case studies; Economic factors; Light rail transit; Metropolitan areas
• Uncontrolled Terms: Fixed guideway transit; Resilience (Adaptability)
• Subject Areas: Economics; Planning and Forecasting; Public Transportation; I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01558349
• Record Type: Publication
• Report/Paper Numbers: 15-5474
• Files: PRP, TRIS, TRB, ATRI
• Created Date: Mar 31 2015 8:51AM