2012
DOI: 10.17226/22765
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Methodology for Determining the Economic Development Impacts of Transit Projects

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Cited by 3 publications
(2 citation statements)
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“…Therefore, this paper aims to address the measurement of the relationship between economic growth and highway infrastructure development at local levels in Turkey. One of the most important contributions of this paper is performing our research with the dynamic panel data methodology in the transportation economics literature, where the instrumental variables approach may not always be easy to apply in terms of finding appro-priate instruments for the solution (i.e., suffering from an over-identification problem; see (Chatman et al, 2012)). The dynamic panel data model allows researchers to use both the differenced dependent and independent variables as instruments.…”
Section: Introductionmentioning
confidence: 99%
“…Therefore, this paper aims to address the measurement of the relationship between economic growth and highway infrastructure development at local levels in Turkey. One of the most important contributions of this paper is performing our research with the dynamic panel data methodology in the transportation economics literature, where the instrumental variables approach may not always be easy to apply in terms of finding appro-priate instruments for the solution (i.e., suffering from an over-identification problem; see (Chatman et al, 2012)). The dynamic panel data model allows researchers to use both the differenced dependent and independent variables as instruments.…”
Section: Introductionmentioning
confidence: 99%
“…Various techniques and models can be used to measure the impact of rail transit systems on economic developments, such as cost-benefit analysis, transportation-land use models, economic forecasting models and input-output tables (Litman, 2010, Chatman et al, 2012, Hazledine et al, 2013, Litman, 2015b. Since the evaluation of the impact of the rail system on economic development lies beyond the scope of this research it is assumed that those areas that have potential to bring maximum possible economic growth to the served area have been identified prior to the evaluation process.…”
Section: Londonmentioning
confidence: 99%