Economics Commons^™

The Economic Impact Of The Seattle Area’S Transportation Infrastructure Expansions And Changes, Meredith Crane

Theses and Dissertations--Economics

This paper uses annual, tract-level data to estimate the economic impact of the Seattle area’s newly operational light rail system and recently implemented toll on a bridge traversing Lake Washington, the large lake immediately east of Seattle that bisects the region. Two modeling approaches are utilized in the estimation of each transit intervention’s economic impact: the primary model allows the transit intervention to affect the designated impact area prior to the system’s operation, under the assumption that individuals will respond to the knowledge of the change and relocate accordingly. The secondary model accounts for an impact from the intervention upon …