Transportation infrastructure impacts on firm location: the effect of a new metro line in the suburbs of Madrid

Lucia Mejia-Dorantes, Antonio Paez and Jose Manuel Vassallo

Journal of Transport Geography, 2012, vol. 22, issue C, 236-250

Abstract: Firm location patterns emerge as a consequence of multiple factors, including firm considerations, labor force availability, market opportunities, and transportation costs. Many of these factors are influenced by changes in accessibility wrought by new transportation infrastructure. In this paper we use spatial statistical techniques and a micro-level data base to evaluate the effects of Madrid’s metro line 12 (known as Metrosur) expansion on business location patterns. The case study is the municipality of Alcorcon, which is served by the new metro line since 2003. Specifically, we explore the location patterns by different industry sectors, to evaluate if the new metro line has encouraged the emergence of a “Metrosur spatial economy”. Our results indicate that the pattern of economic activity location is related to urban accessibility and that agglomeration, through economies of scale, also plays an important role. The results presented in this paper provide evidence useful to inform efficient transportation, urban, and regional economic planning.

Keywords: Public transport infrastructure; Firm location; Kernel analysis; Multinomial logit model; Agglomeration economies; Urban planning (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (40)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0966692311001487

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:22:y:2012:i:c:p:236-250

DOI: 10.1016/j.jtrangeo.2011.09.006

Access Statistics for this article

Journal of Transport Geography is currently edited by Frank Witlox

More articles in Journal of Transport Geography from Elsevier
Bibliographic data for series maintained by Catherine Liu ().