Empirical analysis of relationship between accessibility and economic development.
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2003-07-01
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Edition:Final report; July 1999-June 2001.
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Abstract:The main goal of this paper is to investigate the impact of accessibility changes on
the level of economic development in a given region. In this paper, we introduce
several types of accessibility measures while economic development is quantified in
terms of changes in income and employment. The study area consists of 18
counties in the New Jersey/New York region where we have observed changes in
accessibility and economic development for the decade 1990-2000. Using multiple
regression analysis, the results show strong and significant relationships between
accessibility changes and economic development. The models presented in this
paper provide empirical evidence for transportation planners relative to the economic
impact of transportation capital investment.
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