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Quantifying Economic Effects of Transportation Investment Considering Spatiotemporal Heterogeneity in China: A Spatial Panel Data Model Perspective

Lin, Xiongbin; Maclachlan, Ian; Ren, Ting; Sun, Feiyang. (2019). Quantifying Economic Effects of Transportation Investment Considering Spatiotemporal Heterogeneity in China: A Spatial Panel Data Model Perspective. The Annals Of Regional Science, 63(3), 437 – 459.

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Abstract

Transportation investment plays a significant role in promoting economic development. However, in what scenario and to what extent transportation investment can stimulate economic growth still remains debatable. For developing countries undergoing rapid urbanization, answering these questions is necessary for evaluating proposals and determining investment plans, especially considering the heterogeneity of spatiotemporal conditions. Current literature lacks systematical research to consider the impacts of panel data and spatial correlation issue in examining the economic effects of transportation investment. To fill this gap, this study collects provincial panel data in China from 1997 to 2015 to evaluate multi-level temporal and spatial effects of transportation investment on economic growth by using spatial panel data analysis. Results show that transportation investment leads to significant and positive effects on growth and spatial concentration of economic activities, but these results vary significantly depending on the temporal and spatial characteristics of each province. The economic impacts of transportation investment are quite positive even considering the time lag effects. This study suggests that both central and local governments should carefully evaluate the multifaceted economic effects of transportation investment, such as a balanced transportation investment and economic development between growing and lagging regions, and considering the spatiotemporal heterogeneity of the economic environment.

Keywords

High-speed Rail; Infrastructure Investment; Causal Relationship; Empirical-analysis; Growth; Impact; Productivity; Efficiency; Spillover; Agglomeration; C33; R40; R58; Spatial Analysis; Time Lag; Urbanization; Transportation; Heterogeneity; Economic Growth; Economic Models; Economic Impact; Data Analysis; Spatial Data; Panel Data; Economic Development; Developing Countries--ldcs; Investments; Economic Analysis; Investment; Local Government; China

Transitioning to Homeownership: Asset Building for Low- and Moderate-Income Households

Acolin, Arthur; Ramiller, Alex; Walter, Rebecca J; Thompson, Samantha; Wang, Ruoniu. (2021). Transitioning to Homeownership: Asset Building for Low- and Moderate-Income Households. Housing Policy Debate, 31(6), 1032 – 1049.

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Abstract

This article assesses the asset building of households that take part in shared-equity homeownership (SEH) models. The contribution of this article is a comparison of outcomes for households participating in shared-equity programs with other low- and moderate-income households who rent or own properties without restrictions on appreciation. We matched participants in SEH programs to households with similar characteristics from the Panel Study of Income Dynamics (PSID) over the 1997-2017 period. The findings indicate that in real terms, median SEH homeowners accumulated about $1,700 in housing wealth annually or around $10,000 during their holding period. This amount is lower than the $2,100 median annual gain in home equity experienced by similar PSID owners but statistically and economically significantly larger than the $16 in annual gain experienced by similar PSID renters. The findings provide evidence that households participating in SEH programs experienced positive, but modest, wealth gains that were slightly lower than those of homeowners in unrestricted units but substantially higher than those of renters.

Keywords

Appreciation; Households; Property; Wealth; Income; Housing; Dynamic Tests; Home Ownership; Assets; Tenants; Equity; Owners

Residential Property Values are Associated with Obesity among Women in King County, WA, USA

Rehm, Colin D.; Moudon, Anne V.; Hurvitz, Philip M.; Drewnowski, Adam. (2012). Residential Property Values are Associated with Obesity among Women in King County, WA, USA. Social Science & Medicine, 75(3), 491 – 495.

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Abstract

Studies of social determinants of weight and health in the US have typically relied on self-reported education and incomes as the two primary measures of socioeconomic status (SES). The assessed value of one's home, an important component of wealth, may be a better measure of the underlying SES construct and a better predictor of obesity. The Seattle Obesity Study (SOS), conducted in 2008-9, was a cross-sectional random digit dial telephone survey of 2001 adults in King County, Washington State, US. Participants' addresses were geocoded and residential property values for each tax parcel were obtained from the county tax assessor's database. Prevalence ratios of obesity by property values, education, and household income were estimated separately for women and men, after adjusting for age, race/ethnicity, household size, employment status and home ownership. Among women, the inverse association between property values and obesity was very strong and independent of other SES factors. Women in the bottom quartile of property values were 3.4 times more likely to be obese than women in the top quartile. No association between property values and obesity was observed for men. The present data strengthen the evidence for a social gradient in obesity among women. Property values may represent a novel and objective measure of SES at the individual level in the US. Measures based on tax assessment data will provide a valuable resource for future health studies. (C) 2012 Elsevier Ltd. All rights reserved.

Keywords

Communities; Employment; Income; Obesity; Poisson Distribution; Probability Theory; Research Funding; Self-evaluation; Sex Distribution; Social Classes; Statistics; Surveys; Data Analysis; Educational Attainment; Cross-sectional Method; Data Analysis Software; Descriptive Statistics; Washington (state); Health Status Disparities; Health Surveys; Social Class; Socioeconomic Factors; Usa; Women; Body-mass Index; Socioeconomic-status; Aged Men; Health; Weight; Disparities; Overweight; Disease; Poverty; Height

Environmental, Economic, and Social Implications of Highway Concrete Rehabilitation Alternatives

Choi, Kunhee; Lee, Hyun Woo; Mao, Zhuting; Lavy, Sarel; Ryoo, Boong Yeol. (2016). Environmental, Economic, and Social Implications of Highway Concrete Rehabilitation Alternatives. Journal Of Construction Engineering And Management, 142(2).

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Abstract

Currently, there is no comprehensive benchmark of life-cycle assessment for the rigid pavement alternatives for highway rehabilitation. To fill this gap, the major objective of this study is to investigate the environmental, economic, and social impacts of the three most widely adopted rigid pavement choices through a life-cycle assessment approach with custom-built economic input-output life-cycle assessment (EIO-LCA) models. Quantity takeoffs were performed for each alternative assuming a 1-lane-km highway rehabilitation. Subsequently, the construction costs of each alternative were computed in order to determine the present values for a life span of 50years, while at the same time accounting for a different life expectancy for each pavement rehabilitation strategy. The present values were then incorporated into a corresponding EIO-LCA model. The results clearly indicate that continuously reinforced concrete pavement (CRCP) is the most sustainable choice and much preferable to the other alternatives for minimizing negative environmental, economic and social impacts from the life-cycle perspective. This finding champions a wider adoption of CRCP for future sustainable transportation infrastructure development projects, as CRCP's relatively high initial construction cost can be recouped by long-term sustained benefits. The results and findings of this study can serve as a solid foundation for industry practitioners and decision-makers to make better-informed project decisions when choosing the most sustainable pavement alternatives from a life-cycle perspective. (C) 2015 American Society of Civil Engineers.

Keywords

Construction Industry; Environmental Management; Life Cycle Costing; Product Life Cycle Management; Project Management; Reinforced Concrete; Road Building; Socio-economic Effects; Sustainable Development; Economic Implications; Environmental Implications; Industry Practitioners; Sustainable Transportation Infrastructure Development Projects; Continuously Reinforced Concrete Pavement; Crcp; Eio-lca Model; Life Span; Construction Costs; Custom-built Economic Input-output Life-cycle Assessment Models; Rigid Pavement Alternatives; Highway Concrete Rehabilitation Alternatives; Life-cycle Assessment Approach; Social Implications; Life-cycle Assessment; Pavement; Asphalt; Pavement Rehabilitation; Environmental Assessment; Economic Factors; Land Use

Framing the Question: Is Shrinking Good or Bad?

Moudon, Anne Vernez. (2019). Framing the Question: Is Shrinking Good or Bad? Journal Of Urban Design, 24(1), 66 – 68.

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Keywords

Urban Planning; Unemployment; Cost Of Living; Balance Of Trade; Medical Care; Economic Development; Demography; Decision Making; Framing

The Practice of Roadway Safety Management in Public-Private Partnerships

Aziz, Ahmed M. Abdel. (2021). The Practice of Roadway Safety Management in Public-Private Partnerships. Journal Of Construction Engineering And Management, 147(12).

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Abstract

As a matter of course, the private party in public-private partnerships (PPPs) assumes the responsibility for roadway safety management (RSM). However, because most PPPs are performance-based, public highway agencies must articulate the specifications and methods they develop to enforce RSM practices. Despite the increased interest in PPPs in recent decades, little has been published on developing and propagating the RSM practices used with this delivery system. To fill this research gap and explore RSM practices in PPPs, this work took a synthesis research approach, using content analysis to critically review and analyze 16 PPP agreements in seven states and provinces leading in PPP contracting in North America. The study discovered several methods and organized them under five mechanisms: Mechanism 1, integrating roadway safety into project performance specifications and initiating new tools such as safety compliance orders; Mechanism 2, imposing nonconformance monetary deductions based on point and classification systems; Mechanism 3, regulating safety payments on the basis of crash statistics; Mechanism 4, promoting safety initiative programs; and Mechanism 5, enforcing administrative countermeasures such as work suspension and default/termination triggers for persistent developer noncompliance. Mechanisms 1 and 5 were the default mechanisms in all toll- and availability-based projects, whereas Mechanism 2 was common in availability-only projects. The research reviewed the RSM packages in the PPP agreements, elucidating the particulars of the RSM mechanisms, highlighting RSM design considerations, presenting implementation guidelines, and articulating research needs. The research results were validated against PPP highways in five other states and provinces. This synthesis research provides highway agencies with an extensive practice review to support RSM package design for future PPP projects.

Keywords

Qualitative Research; Incentives; Public-private Partnerships (ppps); Performance Specifications; Roadway Safety; Payment Mechanisms; Availability Payment; Highways

The need for more equitable fare enforcement: An examination by Isis Moon Gamble, recent graduate of CBE’s Master of Urban Planning program

Though Transit Equity Day is just one day, the issue of equity on Seattle’s public transit is an ongoing and important conversation to Seattle and King County residents. Neighborhoods across the county have unequal access to transit lines; bus stops are often located in inconvenient or dangerous places due to oncoming traffic and lack of sidewalks; and bus schedules are irregular or sparse, with long wait times. These are just a few of the challenges folks might experience before getting…

Arthur Acolin awarded Tier 2 Seed Grant

Congratulations to Assistant Professor of Real Estate and CSDE Affiliate Arthur Acolin for being awarded a $10,000 Tier 2 seed grant for his project, “Accessory Dwelling Units as Potential Source of Affordable Housing Across Generations”. This grant is part of CSDE’s quarterly call for seed grant applications and is intended to help faculty initiate new research endeavors that have high relevance to population science and a strong chance of building towards extramural funding. Acolin will be conducting a joint project…

From Crisis to Community: Homeownership Access with Assistant Professor Arthur Acolin

College is a time of exploration and discovery for all students. It is a time that often shapes how we view the world. Going through this transition during a moment of turbulence in the world can shape that experience significantly, which is exactly what happened for Assistant Professor of Real Estate, Arthur Acolin. As an undergraduate, international student in the US in 2008, the housing bubble and subsequent recession shaped Acolin’s future as a researcher and professor. “The subprime crisis…

Qing Shen’s proposal among those selected for funding by PacTrans

The Pacific Northwest Transportation Consortium (PacTrans) announced in January 2021 the project proposals selected for funding. Qing Shen, Professor of Urban Design and Planning and Chair of the Interdisciplinary PhD Program in Urban Design and Planning is among those selected for project funding. Shen is working alongside Co-Principal Investigator Catherine (Casey) Gifford–Innovative Mobility Senior Planner–on the applied research project titled “Supplementing fixed-route transit with dynamic shared mobility services: a marginal cost comparison approach”. The project goal is to address a…