Transitive properties: a spatial econometric analysis of new business creation around transit

This article looks at new business creation and rail transit station proximity in five US regions: Austin, Boston, Cleveland, Philadelphia, and San Jose. It compares results from non-spatial models and spatial econometric models to analyze the impact of transit stations in regions with varying levels of transit development. Spatial analysis by census block level is conducted by business type and rail mode. Results conclude that proximity to transit stations within .25 or .5 miles is related to new business creation. It is also determined that the use of non-spatial models may overestimate the positive impact of station proximity on business creation.

Language

  • English

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Filing Info

  • Accession Number: 01713647
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 29 2019 4:38PM