The Missing Link between Place and Productivity? The Impact of Transit-Oriented Development on the Knowledge and Creative Economy

Autor: Shima Hamidi, Nicole Foster, Keunhyun Park, Ahoura Zandiatashbar
Rok vydání: 2019
Předmět:
Zdroj: Journal of Planning Education and Research. 39:429-441
ISSN: 1552-6577
0739-456X
DOI: 10.1177/0739456x19826271
Popis: Emerging research suggests that planners and policy makers should explore the expanded role Transit-Oriented Development (TOD) plays in promoting innovation and economic growth. TOD station characteristics including accessibility, walkability, density, and mixed uses may create environments beneficial for creative and knowledge industries. However, the evidence linking place to productivity, as measured by firm sales volume is lacking. Using cluster analysis and Propensity Score Matching for national-level data, this research tests these relationships. Findings indicate that firms located in dense, mixed use, and walkable TODs with higher levels of activity experience increased sales. Hence, TOD and knowledge-based economic development strategies should be planned in tandem to maximize outcomes.
Databáze: OpenAIRE