Toll Roads and Economic Development: Exploring Effects on Property Values

An increasing number of toll projects are being considered across the country and questions are often raised about the impact of toll roads on the economy and on economic development in the region. This paper will examine the effects of toll roads in a major metro area. Toll roads in the Dallas County, Texas area will be examined for their impacts on property values, one indicator for economic development impacts. Particular emphasis will be paid on the location, temporal and spatial nature of the impact. The paper will examine impacts of existing toll roads using residential transactions data spanning a period of 20 years and a combination of traditional and spatial econometric approaches.

Language

  • English

Media Info

  • Media Type: CD-ROM
  • Features: Figures; References; Tables;
  • Pagination: 42p
  • Monograph Title: TRB 86th Annual Meeting Compendium of Papers CD-ROM

Subject/Index Terms

Filing Info

  • Accession Number: 01044589
  • Record Type: Publication
  • Report/Paper Numbers: 07-0640
  • Files: TRIS, TRB
  • Created Date: Feb 8 2007 5:13PM