Evaluating Social and Economic Benefits of Public Transport Access: Evidence from Tehran, Iran

Abstract

Public transportation Provision requires substantial organizational efforts, careful planning, financial contributions from the public, and coordination between millions of passengers and staff members in an extensive system. Efficient resource allocation is critical in its daily operations. Therefore, Public transport has been among the most popular subjects in transport economics since the infancy of this discipline. Proximity to public transport infrastructure increases the access of neighborhood residents. More access to public transportation allows residents of these areas to have more access to jobs and not be restricted in choosing jobs due to lack of access. So they can select higher-paying jobs, even if they are a long distance away. Therefore, demand for residence in the high access areas is more. This study evaluates the benefits of public transport based on residents' demand results.