Public transport investment and local regeneration: A comparison of London׳s Jubilee Line Extension and the Madrid Metrosur
Lucia Mejia-Dorantes and
Karen Lucas
Transport Policy, 2014, vol. 35, issue C, 241-252
Abstract:
Despite a long-standing tradition within transport studies research, capturing and assessing the long-term impacts of major transport investment projects is still problematic. This is partly due to the relative paucity of empirical data, as well as the considerable research effort involved in undertaking appropriate data collection for detailed longitudinal evaluations. Past studies suggest that economic impacts can vary significantly depending on the type of interventions, the locations and geographical areas served, pre-existing market conditions and other policy and planning factors. However, another issue for evaluation is the extent to which the different studies that are available are comparable in terms of their methodologies, which makes the synthesis of research findings across different case studies extremely difficult.
Keywords: Infrastructure investment; Public transport; Local economic impacts; Evaluation typology (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:35:y:2014:i:c:p:241-252
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DOI: 10.1016/j.tranpol.2014.05.020
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