Article ID Journal Published Year Pages File Type
1008745 Cities 2010 8 Pages PDF
Abstract

Although metro systems have been recognized as a sustainable transport mode, they are financially risky investment projects in light of the high capital and operating costs. This paper attempts to examine the socio-economic yardsticks commonly used for evaluating the readiness of cities in building metros, and to analyze how these socio-economic indicators changed before and after their construction. Specifically, the socio-economic indicators are population size and income level. Data of 60 metro lines in 21 cities on different continents were pooled for the analysis. The results suggest that the commonly-adopted population yardstick is still generally applicable but the income yardstick needs to be changed. After analyzing the population and income changes for the 10-year periods before and after the opening of the metro lines, it was found that the building of metros was usually preceded by a period of sustained high population and income growth. However, the rates of population and income growth would tend to decrease after the completion of the metros.

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Social Sciences and Humanities Business, Management and Accounting Tourism, Leisure and Hospitality Management
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