Evaluating the Efficiency of Transit-Oriented Development Using Network Slacks-Based Data Envelopment Analysis

Eun Hak Lee, Hosuk Shin, Shin-Hyung Cho, Seung-Young Kho and Dong-Kyu Kim
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Eun Hak Lee: Department of Civil and Environmental Engineering, Seoul National University, Seoul 08826, Korea
Hosuk Shin: Department of Civil and Environmental Engineering, Seoul National University, Seoul 08826, Korea
Shin-Hyung Cho: Institute of Engineering Research, Seoul National University, Seoul 08826, Korea
Seung-Young Kho: Department of Civil and Environmental Engineering and Institute of Construction and Environmental Engineering, Seoul National University, Seoul 08826, Korea
Dong-Kyu Kim: Department of Civil and Environmental Engineering and Institute of Construction and Environmental Engineering, Seoul National University, Seoul 08826, Korea

Energies, 2019, vol. 12, issue 19, 1-15

Abstract: The purpose of this research is to evaluate transit-oriented development (TOD) efficiency in Seoul using the network slacks-based measure data envelopment analysis (NSBM DEA) model. The smartcard data and socio-economic data are used to evaluate the transit efficiency of 352 subway station areas in Seoul. To measure the TOD efficiency, the two-stage network is designed with the transit design stage and the transit efficiency stage. The overall efficiency score of each station area is estimated through each score of the stage. The results of the efficiency evaluation by station area indicate that the overall efficiency score average is 0.349, with the transit design score and efficiency score estimated to be 0.453 and 0.245, respectively. The results indicate that the balance of each stage is crucial to achieve an efficient station in the concept of transit efficiency. With the efficiency scores of the 352 subway station areas, the TOD efficiency is also evaluated by the administrative units in Seoul. The results of district analysis reveal that the top 10 efficient administrative units are characterized by both residential and commercial land use. The results indicate that efficiency is found to be good in areas having both residential and commercial characteristics.

Keywords: transit-oriented development (TOD); transit efficiency; smartcard data; network slacks-based measure data envelopment analysis (NSBM DEA) (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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