Transit access and the agglomeration of new firms : a case study of Portland and Dallas.
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2014-06-01
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Abstract:The objective of this paper is to examine whether new firms are more likely to form near rail transit stations. Two relatively new ; light-rail systems—one in Portland, Oregon, and the other in Dallas, Texas—form the basis of the analysis. A geocoded, time-series database of firm births from 1991 through 2008 is analyzed using all firm births, firm births of various sizes, and firm births ; of specific industry sectors. A random effects, negative binomial model is used to examine associations between proximity to rail ; stations and other spatially defined variables. ; Results show that newly formed firms tend to cluster around stations in the Portland region but not in the Dallas region. The ; difference between the two regions holds for different firm sizes and different industrial sectors. In all cases, there is a much ; stronger association between transit proximity and new firm birth in the Portland region compared to the Dallas-Ft. Worth region. ; In both regions, births of larger firms tend to be associated with greater proximity to transit stations, perhaps reflecting the greater ; agglomeration benefits that they receive. Different planning and zoning criteria in Portland versus those in Dallas may explain the ; relative success of Portland in achieving clusters of new firms near transit.
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Main Document Checksum:urn:sha-512:fe3ec8d72675d108d5b26119893f774fbbe87cfcb608882cac8ead4181c85e664ac92e07807241e34f2ee82cdd9aeaae302659f3a85d459e92c522f1685c7d65