Effects of Impact Fees on Urban Form and Congestion in Florida
This study analyzes the effects of impact fees on urban form and congestion through econometric analysis. The results show that there is some evidence that impact fees might reduce congestion by creating disincentives to residential development and job creation. However, direct evidence of a negative effect of impact fees in development and job growth is not found. There is no evidence that the difference in impact fees between central cities and outer areas promotes a more compact urban form. Likewise, there is no evidence that more road impact fees decrease congestion through more investment in infrastructure. This finding might be because impact fees usually finance local roads but congestion is concentrated on freeways and arterials or because there is a spatial, temporal, or financial mismatch between the collection and investment of impact fees. There is a clear, significant, and substantial positive relationship between density and congestion; this relationship indicates a weak increase in transit use in denser environments or a potential increase in automotive travel through higher trip frequency. However, other urban form variables related to the distribution of that density have a negative effect on congestion, indicating that certain urban configurations could decrease congestion. Finally, changes in congestion are negatively correlated with the congestion levels at the beginning of the period; this finding suggests that congestion is increasing faster in those areas that used to be less congested.
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- Summary URL:
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Availability:
- Find a library where document is available. Order URL: http://www.trb.org/Main/Blurbs/168502.aspx
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Authors:
- Blanco, Andres G
- Steiner, Ruth L
- Kim, Jeongseob
- Chung, Hyungchul
- Publication Date: 2012
Language
- English
Media Info
- Media Type: Print
- Features: References; Tables;
- Pagination: pp 38–46
- Monograph Title: Finance, Pricing, Economics, and Equity Issues
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Serial:
- Transportation Research Record: Journal of the Transportation Research Board
- Issue Number: 2297
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Econometric models; Financing; Highways; Impact fees; Jobs; Population density; Traffic congestion; Urban areas; Urban development
- Geographic Terms: Florida
- Subject Areas: Economics; Finance; Highways; Policy; I10: Economics and Administration;
Filing Info
- Accession Number: 01373302
- Record Type: Publication
- ISBN: 9780309262989
- Report/Paper Numbers: 12-2601
- Files: TRIS, TRB, ATRI
- Created Date: Jun 21 2012 2:15PM