Economics
Regional Transit Investment and Urban Productivity Spillovers
Abstract
This paper evaluates whether transit expansion generates productivity gains beyond direct travel-time savings. The authors document spillover effects in dense labor markets where transit improvements change matching efficiency, broaden recruiting radii, and reduce coordination frictions between firms and workers. The findings support a broader productivity view of transport policy, especially in metropolitan regions with fragmented labor demand.
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Keywords
urban productivitytransit investmentlabor marketsinfrastructure economics
Citation
Leah Murray; Tomoko Ishikawa (2024). Regional Transit Investment and Urban Productivity Spillovers. Metropolitan Policy Lab. MPL Working Paper 24-07
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