Reconsidering the Impact of Access to Transit on Local and Markets

Details

• Creators:
  Redfearn, Christian L.
• Corporate Creators:
  University of Southern California. School of Public Policy
• Corporate Contributors:
  University Transportation Centers Program (U.S.)
• Subject/TRT Terms:
  • Rail transit stations
  • Land use
  • Population density
  • Employment
  • Access
  • Demand
  • Value capture
  • Research Hub
• Publication/ Report Number:
  METRANS Project 11-08
• Resource Type:
  Tech Report
• Geographical Coverage:
  Los Angeles Metropolitan Area
• Corporate Publisher:
  METRANS Transportation Center (Calif.)
• Abstract:
  We exploit the polycentric nature of the Los Angeles Metropolitan area to learn about the impact of new passenger rail stations on land use in the surrounding areas. By using the many centers in the Los Angeles MSA, we are better able to control for variation in trend growth in population and employment density. The parallel trend assumption required of differences-in-differences approach appears to fail under commonly-used controls. Making use of the centers as units of analysis reveals significant growth in both employment and population density around new stations. These results are useful for policy makers interested in assessing the indirect benefits of investment in new stations. The results are also informative for those using the DiD approach in urban settings. While the effects of new stations are significant and positive, there is marked heterogeneity across stations – suggesting that more research is needed to understand the link between new stations and subsequent changes in land use.
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/29312/dot_29312_DS1.pdf
• File Type:
  [PDF - 2.02 MB]
• Collection(s):
  University Transportation Centers ; US Transportation Collection
• Main Document Checksum:
  urn:sha256:17492ed4e944dc0bbe1174f886be9ab023f5ba72d921af4e920b72ce6a4bb91e