Transportation and the Economic Health and Attractiveness of Metropolitan Regions
This paper reviews the contemporary history of urban development paradigms in the United States. It then addresses the function of balanced transportation systems, including public transit, in urban revitalization efforts. The paper also discusses the economic benefits provided by investments in efficient transportation systems. The revitalization of urban areas depends upon metropolitan transportation investments. Due to the increasing challenge of new highway construction, changing mode choice and travel patterns, growing urban population density, and alterations in urban housing, it is likely that new transportation investments will be made in public transit. Public transit investments have a variety of economic and social benefits. These include improved business growth and productivity, cost savings (in decreased congestion) for urban drivers, and direct cost savings by transit riders. In addition, public transit increases property values. The paper also offers a short discussion of how efficient supply chains encourage urban growth and vitality.
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- Summary URL:
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Corporate Authors:
Free Congress Foundation
1423 Powhatan Street #2
Alexandria, VA United States 22314 -
Authors:
- Bronzini, Michael S
- Publication Date: 2013-6-5
Language
- English
Media Info
- Media Type: Digital/other
- Features: Figures; References; Tables;
- Pagination: 26p
Subject/Index Terms
- TRT Terms: Economic benefits; Economic impacts; Investments; Metropolitan areas; Public transit; Social benefits; Supply chain management; Urban development
- Uncontrolled Terms: Revitalization
- Geographic Terms: United States
- Subject Areas: Economics; Highways; Public Transportation; I10: Economics and Administration;
Filing Info
- Accession Number: 01486946
- Record Type: Publication
- Files: TRIS
- Created Date: Jul 18 2013 1:47PM