Economics and Finance

Rail + Property Development: A model of sustainable transit finance and urbanism

Cervero, Robert
Murakami, Jin
2008

Hong Kong has aggressively pursued transit value capture to finance railway infrastructure through its “Rail + Property” development program, or R+P. More than half of all revenues received by the MTR Corporation, the owner-operator of Hong Kong’s largest railway network, come from property development. A wide variety of R+P projects presently exist in Hong Kong. Most focus on housing development though all have some degree of commercial development. Recent generation R+P projects have placed a stronger premium on urban design and quality of pedestrian environments. This has generally paid...

On the Design of Public Infrastructure Systems with Elastic Demand

Daganzo, Carlos F.
2012

This paper considers the optimization of public infrastructure systems, recognizing that these systems serve multiple user classes. Under the guidance of a policy-making body, the analyst chooses both the system design, including its layout and control, and the prices to be charged for the service. The goal of the optimization is to maximize society's welfare recognizing that the system's performance will in general depend on the system's demand, and vice versa. The optimization problem is first formulated in its full complexity. Under defined circumstances, the problem decomposes into...

A Review of Green Logistics Schemes Used in Cities Around the World

Geroliminis, Nikolaos
Daganzo, Carlos F.
2005

Freight carriers strive to provide higher levels of transportation service with lower costs. However, the economic and environmental viability of cities are negatively affected by the present organization of urban goods distribution. Can these two competitive goals be harmonised to create efficient and environmentally friendly urban logistics systems? This paper presents several examples of “green logistics” schemes tried in a number of forward-looking cities around the world. The review highlights the basic qualitative ideas of these schemes and the results of field tests. Most of the...

Bus Rapid Transit Impacts on Land Uses and Land Values in Seoul, Korea

Cervero, Robert
Kang, Chang Deok
2009

More and more cities are turning to Bus Rapid Transit (BRT) as a way of cost-effectively expanding public transit services to help relieve traffic congestion, reduce carbon emissions, and increase mobility options for the poor. Because of the inherent flexibility advantages of rubber-tire buses – e.g., unlike rail systems, the same vehicle that functions as a line-haul carrier can also morph into a neighborhood feeder -- BRT is especially suited for many lower density and non- CBD settings.Some of the most advanced and widely heralded BRT services today are found in Latin America, such as...

Urban Densities and Transit: A Multi-dimensional Perspective

Cervero, Robert
Guerra, Erick
2011

This paper investigates the relationship between transit and urban densities in the United States. An analysis of light rail systems finds that a residential density of about 30 people per gross acre near stations is needed to in order to make them among the top 25 percent of rail transit investments in terms of cost effectiveness; for heavy rail systems, the density is 45 people per gross acre. Increasing density around stations would greatly increase ridership, particularly when jobs are located within one-quarter mile of the stations and housing is located within one-half mile....

Accessible Cities and Regions: A Framework for Sustainable Transport and Urbanism in the 21st Century

Cervero, Robert
2005

This paper examines both the principle and analytical possibilities of accessibility as a platform for advancing sustainable transport and urbanism in coming years and decades. Experiences with accessibility planning are first reviewed, followed by a discussion of various measurement and analytical contexts. The paper then uses various policy contexts and case settings to probe the use of accessibility for addressing contemporary urban and regional transportation and land-use themes, including: inter-modal comparisons of job accessibility and their implications for social equity and...

Morning Commute with Competing Modes and DistributedDemand: User Equilibrium, System Optimum, and Pricing

Gonzales, Eric J.
Daganzo, Carlos F.
2011

The morning commute problem for a single bottleneck is extended to model mode choice in an urban area with time-dependent demand. This extension recognizes that street space is shared by cars and public transit. It is assumed that transit is operated independently of traffic conditions, and that when it is operated it consumes a fixed amount of space. As a first step, a single fixed-capacity bottleneck that can serve both cars and transit is studied. Commuters choose which mode to use and when to travel in order to minimize the generalized cost of their own trip. The transit agency chooses...

A Dynamic Congestion Pricing Strategy for High-Occupancy Toll Lanes

Jang, Kitae
Chung, Koohong
2010

High Occupancy Toll (HOT) lanes are emerging as a solution to address the underutilization of High Occupancy Vehicle (HOV) lanes and also means of generating revenue for state department of transportation. This paper proposes a method for dynamically determining the HOT toll price in response to the changes in traffic condition and documents procedures for estimating parameters needed for the proposed pricing strategies: revenue maximization and delay minimization. The proposed strategies have been applied to 14-miles of freeway segment in the San Francisco Bay Area, and the findings show...

Pre-hospital Care of Road Traffic Injuries in Chiang Mai, Thailand

Brown, Ted R
Geyer, Judy A
Taghavy, Azita
Mitchell, Brian P
Ragland, David R
2004

In many developing countries, transportation infrastructure development lags behind the tremendous growth in motorization. Road traffic injuries cause enormous morbidity and mortality worldwide, placing heavy burdens on global and national economies. .Underdeveloped transportation infrastructures critical to traffic safety include roadway improvement, occupant protection laws, traffic law enforcement, and emergency medical services (EMS). Highlighting one important aspect of lagging infrastructure, this article focuses on emergency medical services. This research study offers a descriptive...

Low Income Childhood Pedestrian Injury: Understanding the Disparate Risk

Johnson, Emily
Geyer, Judy A
Rai, Nirmeet
Ragland, David R
2004

A leading cause of death and injury to children is being struck by a motor vehicle. A disproportionate number of injured child pedestrians are of low socioeconomic status. The relationship between socioeconomic status and pedestrian injury is poorly understood. The existing literature is limited by the lack of pedestrian exposure data, a common measure of risk, and a clear conceptual framework for the interaction between socioeconomic status and pedestrian injury. Another issue is the limited availability of injury data. This paper proposes a model for understanding child pedestrian...