THE POTENTIAL IMPACT OF NEW METROS

The paper examines the impact of metros on street traffic, on poverty, and on urban development. Proponents claim that metros generate more efficient development patterns, as exemplified by concurrent vibrant downtown and secondary centers around stations and terminals, increases in land values and new economic activities, while opponents argue that differential impacts on land values are essentially redistributional and should be left out of benefit cost analyses. The paper points out that while U.S. cities have not shown significant economic benefits, several cities in other countries (Japan and Hong Kong, for example) have made great economic growth because of the metro.

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  • Corporate Authors:

    World Markets Research Centre

    Academic House, 24-28 Oval Road
    London NW1 7DP,   United Kingdom 
  • Authors:
    • Mitric, S
  • Publication Date: 1999-11

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00789331
  • Record Type: Publication
  • ISBN: 1903150191
  • Files: TRIS
  • Created Date: Mar 21 2000 12:00AM