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Full-Text Articles in Economics

Infrastructure Development And Gentrification: A Case Study Of The 2017 Q Line Extension In New York City, Harrison Shoaf May 2022

Infrastructure Development And Gentrification: A Case Study Of The 2017 Q Line Extension In New York City, Harrison Shoaf

Honors College Theses

An examination of the 2017 Q Line subway extension in New York City and the potential causal relationship between its implementation and rental rates and gentrification in the surrounding area. Analysis of data covering the timeframe from 2007 to 2019 allows for utilization of OLS regression to determine if the area subject to the implementation experienced a change in rental rates and instigation of gentrification afterward compared to areas that were not subject to the implementation. Results indicate a decrease in rental rates (and by extent, no instigation of gentrification) in the area subject to the extension after it was …


The Economic Impact Of Failing Infrastructure In The New York Metropolitan Area, Nicholas Travis Jul 2018

The Economic Impact Of Failing Infrastructure In The New York Metropolitan Area, Nicholas Travis

Honors College Theses

Infrastructure in the New York Metropolitan Area has been seriously underfunded due to a failure of public investment on the local, state and federal level. Prior research has presented concrete reasoning that the now crumbling infrastructure will seriously affect economic growth and worker productivity. This research seeks to quantify the economic effects as a result of this failing infrastructure. My research asks: what are the concrete, additional economic expenditures, due to failing infrastructure, that drivers spend each year? How much do these economic costs decrease our economic productivity, and how do the economic costs compare with proposed infrastructure improvements? From …