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- W626068533 abstract "The economic impacts of the San Francisco Bay Area Rapid Transit System's (BART) capital and operating expenditures on the Bay area's regional economy are assessed. The hypothesis that rapid transit in the Bay area would have an impact on regional economic development was not supported. Capital expenditures on BART, however, have had a positive short - term impact on the region's economy. The cost of building and equipping BART was about $1.5 billion, of which $1.2 billion was spent in the nine - county Bay area. Including all secondary impacts of this construction, the total increase in goods and services purchased in the region was $3.1 billion between 1964 and 1976. Construction expenditures increased employment opportunity for minorities in the construction trades, but did not necessarily enhance minority job skills. BART's transit expenditures will have a total impact on the regional economy, including all the secondary sales and income generated, of nearly $149 million per year, including an increase of nearly $52 million annually in personal income." @default.
- W626068533 created "2016-06-24" @default.
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- W626068533 date "1979-04-01" @default.
- W626068533 modified "2023-09-27" @default.
- W626068533 title "THE ECONOMIC AND FINANCIAL IMPACTS OF BART (BAY AREA RAPID TRANSIT)" @default.
- W626068533 hasPublicationYear "1979" @default.
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