Abstract
The paper has an empirical research on urban economic effect of the rail transit based on system dynamics model. The result is on the 2007–2010 Beijing Transit Rail data, and concludes that (1) economic effects of transit rail is defined as the accessibility improvements caused by the concentration of population, and thus the formation of value of the land to enhance the prosperity of commercial services, and promote regional economic development; (2) empirical research from Beijing transit rail has proved that the increasing of passenger capacity is positive correlated with its economic effect; (3) In the short term, stimulation coefficient increased passenger traffic to improve the speed of its economic effects, In long term, the increasing of passenger capacity coefficient has little relationship with regional economic growth and the economic effect is even weakening.
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Acknowledgement
This chapter get support from Beijing Jiaotong Scientific Research Fund: The Research of UMT Impact on Beijing Spatial Distribution (KBJB10012536) and Beijing Social Science Plan Project: Research on Institution Problems and Policy of Comprehensive management of Traffic Congestion in Beijing (11JGB034).
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Zhou, Y. (2014). Analysis on the Economic Effect of Urban Mass Transit Based on System Dynamics. In: Xia, H., Zhang, Y. (eds) The 2nd International Symposium on Rail Transit Comprehensive Development (ISRTCD) Proceedings. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-37589-7_8
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DOI: https://doi.org/10.1007/978-3-642-37589-7_8
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