Drennan, Mathew; Brecher, Charles - In: The Journal of Transport and Land Use 5 (2012) 3, pp. 53-67
This paper explores the relationship between the scale of public transit services in urban areas of the U.S. and the efficiency of those economies, with efficiency measured by commercial office rents. Panel regressions are estimated in which real office rent is the left-hand variable. The key...