Retail Location and Transit: An Econometric Examination of Retail Location in Prince George’s and Montgomery County, Maryland

Simple item page
dc.contributor.authorKnaap, Elijah
dc.contributor.authorKnaap, Gerrit
dc.contributor.authorMa, Ting
dc.date.accessioned2018-11-20T18:34:45Z
dc.date.available2018-11-20T18:34:45Z
dc.date.issued2014
dc.description.abstractTransit oriented development (TOD) is a widely accepted policy objective of many jurisdictions in the United States. There is both anecdotal and empirical evidence to suggest that the vitality of TODs and the transit boardings from any TOD depends significantly on the extent of retail development in the transit station area. We focus in this paper, on the determinants of retail location in two counties, Montgomery County and Prince George’s County, Maryland, with a particular focus on the influence of proximity to rail transit stations. We used data from two counties in the Washington DC suburbs to construct measures of transit and retail accessibility and constructed an econometric model to estimate the relationship between urban contextual factors and retail firm locations. The results from our analysis provide empirical support for the notion that retail firms are attracted to locations with high levels of transit accessibility. By extension, these findings suggest that investments in transit—particularly fixed rail transit—may be an effective method for stimulating retail development in metropolitan areas.en_US
dc.identifierhttps://doi.org/10.13016/M2W669C92
dc.identifier.urihttp://hdl.handle.net/1903/21485
dc.language.isoen_USen_US
dc.relation.isAvailableAtDigital Repository at the University of Maryland
dc.relation.isAvailableAtUniversity of Maryland (College Park, Md)
dc.subjectEconomic Developmenten_US
dc.subjectMarylanden_US
dc.subjectTransportationen_US
dc.subjectTransit oriented development (TOD)en_US
dc.subjectretail developmenten_US
dc.subjectrail transiten_US
dc.subjectstreet network connectivityen_US
dc.titleRetail Location and Transit: An Econometric Examination of Retail Location in Prince George’s and Montgomery County, Marylanden_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
retail_location_and_transit_100514_ek_gk.pdf
Size:
1.13 MB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.57 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

National Center for Smart Growth Research Works