MORE TO EXPLORE: Transportation

Evaluating the Economic Implications of Investment in New York City’s Subway System

Client
Returns on Investment in Transportation Infrastructure
Faculty
Aram Hur
Team
Bryant Feng, Timothy Hambidge, Miranda von Salis
Better public transportation is widely considered to have economic and social benefits. With federal transportation infrastructure spending in decline, local governments are forced to weigh the potential benefits of investment in transportation against politically unpopular increases in taxes and fees. What is the return on investment to transportation infrastructure, and more importantly, who does it benefit? A Capstone team conducted a systematic evaluation of the economic consequences of investment in New York City’s subway system by differentiating between levels of investment and type of economic benefit. The team compiled a detailed dataset of transportation and economic indicators by zip code tabulation areas and used a variety of statistical techniques—including matching analysis—to better isolate the effect of transportation improvement. Their findings have implications for how best to prioritize the investment of limited public funds available for transportation infrastructure.
Areas Of Impact

Enhancing Holistic Road Safety in Tanzania

Client
World Bank - Africa Region Urban and Risk Management
Faculty
Paul Smoke
Team
Rachel Gichinga, Elizabeth James, Lisanne Pueschel
The World Bank is a global financial institution that issues loans to countries for development programs. The Tanzania Strategic Cities Project (TSCP) of the World Bank aims to improve the access and quality of basic urban services by financing investments in the urban infrastructure of the country’s secondary cities. The World Bank engaged a Capstone team to complement implementation support of the TSCP by assessing holistic road safety and public space networks in selected project cities. The team’s fieldwork in Arusha and Dodoma included interviewing stakeholders—including government staff, nonprofits, and community members—and visiting local parks, roads, and schools. The team also researched the primary and secondary dimensions of road safety, best practices, and case studies related to pedestrian-friendly urban design elements. Their research culminated in a final report recommending strategies and practices that enhance road safety and stakeholder engagement.
Capstone Year