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  • 1
    Publication Date: 2015-10-14
    Description: To analyse the mutually dependent relationship between local economic performance, demand for and supply of transport services, we employ the structural panel VAR method that is popular in the macroeconomic literature, but has not previously been applied to the modelling of the within-city dynamics of transportation. We focus on a within-city panel of Berlin, Germany during the heyday of the construction of its dense public transit network (1890–1914). Our results suggest that economic outcomes and a supply of transport infrastructure mutually determine each other. We find a short-run (long-run) elasticity of property prices with respect to transport supply of 2% (8.5%). Both transport demand and supply seem to be driven more by firms than by residents.
    Keywords: N73 - Europe: Pre-1913, N74 - Europe: 1913-, R12 - Size and Spatial Distributions of Regional Economic Activity, R14 - Land Use Patterns, R41 - Transportation: Demand, Supply, and Congestion ; Safety and Accidents ; Transportation Noise
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
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  • 2
    Publication Date: 2015-10-14
    Description: The link between airports, air service and regional economic development has been well-established and used to justify airport expansion at the expense of local communities because of subsequent region-wide benefits. However, local-level spatial analyses based on US Economic Census data indicate that economic benefits in terms of professional and administrative employment do not necessarily offset local economic and quality of life costs. Furthermore, arguments for an airport city or aerotropolis phenomenon in the US context ignore the individual histories and morphologies of metropolitan areas and overstate the influence an airport has on the economic development of its region.
    Keywords: L93 - Air Transportation, O18 - Regional, Urban, and Rural Analyses, R41 - Transportation: Demand, Supply, and Congestion ; Safety and Accidents ; Transportation Noise, R53 - Public Facility Location Analysis ; Public Investment and Capital Stock
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Location Call Number Expected Availability
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