Recent and Current Projects on Transportation System Finance

 

Below are some recent relevant projects.  Related projects can also be found under research in transportation energy use and greenhouse gas emissions.

 

Sustaining Mass Transit through Land Value Taxation: A Case Study of Chicago

 

Undertaken with a David C. Lincoln Fellowship in Land Value Taxation from the Lincoln Institute of Land Policy, this project examines the feasibility of using land value capture methods for financing public transportation in Chicago.  The work includes hedonic modeling of residential and commercial property values in Chicago and identification of appropriate financing schemes.

 

MIT students involved: Shan Jiang (MCP/MST09, PhD Student, DUSP), Jingsi Xu (MCP10)

 

 

Metropolitan Transportation Finance: Policy and Institutional Frameworks

 

This is a research sub-topic, undertaken as part of the MIT Portugal Program project, Strategic Options for Integrating Transportation Innovations and Urban Revitalization (SOTUR).  The aim is to develop a deeper understanding of the political, institutional, and financial frameworks within which land use and transportation planning, policy-development, and investments take place and to ultimately improve the relevant decision-making structures and processes. A resulting thesis can be found here, and working paper here.

 

MIT students involved: Christopher Grillo (MCP/MST11), Joshua Nelson (MCP/MST08)

 

Faculty collaborators: Rosário Macário (IST, Portugal), Joseph Sussman (CEE/ESD-MIT)

 

 

Paying for Public Transportation Operations in Chicago

 

Undertaken as part of the MIT/Transit Professional Development Program’s ongoing collaboration with the Chicago Transit Authority (CTA), this research developed a framework for reforming public transportation operations finance by quantifying public transportation’s social benefits.  Resulting thesis can be found here.

 

MIT students involved: Justin Antos (MCP07)

 

Faculty collaborators: Fred Salvucci (CEE-MIT)

 

 

Public-Private Partnerships for Urban Transportation Infrastructure

 

Carried out for the German overseas development agency (GTZ), this research examined the possibilities and challenges for utilizing private sector concessions to develop urban transportation infrastructure in developing countries, as part of the GTZ’s Sustainable Transport: A Sourcebook for Policy-makers in Developing Cities.  Chapter can be downloaded here.

 

MIT students involved: Joshua Nelson (MCP/MST08)

 

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