The missing link between place and productivity? The impact of transit-oriented development on the knowledge and creative economy

Zandiatashbar, Ahoura; Hamidi, Shima; Foster, Nicole; Park, Keunhyun

Abstract

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.

• Journal Article Type: Article
• Acceptance Date: Dec 30, 2018
• Online Publication Date: Feb 27, 2019
• Publication Date: Dec 1, 2019
• Deposit Date: Jan 8, 2019
• Publicly Available Date: Jan 8, 2019
• Journal: Journal of Planning Education and Research
• Print ISSN: 0739-456X
• Electronic ISSN: 1552-6577
• Publisher: SAGE Publications
• Peer Reviewed: Peer Reviewed
• Volume: 39
• Issue: 4
• Pages: 429-441
• DOI: https://doi.org/10.1177/0739456X19826271
• Keywords: transit-oriented development, knowledge economy, creative economy, sales volume, place, productivity
• Public URL: https://uwe-repository.worktribe.com/output/855118
• Publisher URL: https://doi.org/10.1177/0739456X19826271
• Additional Information: Additional Information : Copyright(c)2019 Reprinted by permission of SAGE publications.
• Contract Date: Jan 8, 2019