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Economic Benefit and Effect of Addis Ababa Light Rail Transit on Private Business Firms
| Content Provider | Semantic Scholar |
|---|---|
| Author | Negrew, Yigzaw |
| Copyright Year | 2017 |
| Abstract | Carbon free and alternative transport infrastructure is crucial to address the growing challenges pertaining to rapid urbanization including traffic congestion and mitigate climate change. In this regards, the government of Ethiopia city of Addis Ababa are striving to address the pressing transport problems and growing challenges by introducing LRT along major lines of the city. Hence, it is important to evaluate the impact of intervention on economic performance of private business firms’ along the lines. And this study investigates the effects of the project on private business firms’ profitability performance by comparative analysis of the period of pre, during and post implementation of the project through random selection of stations. All private business firms located within the area of 0.04 km 2 around the stations are considered in the study sample frame. The result indicated that the business activity of firms was affected during the implementation of the LRT project due to the blockage of roads which impeded the accessibility of business to their customers. Accordingly, the revenue performance’s positive effect to the business firms’ profitability performance has decreased by more than 8% as compared to preLRT implementation period. Moreover, performance of business is also affected by their distance to LRT stations which are crossing points from one side of road to other. Specifically, being located outside 100meters from the stations or crossing points, the mean of profitability performance has reduced from -8.89% to -15.24%. This implies accessibility is more important for private business firms. Therefore, designing such investments on transport infrastructure should be in such a way that lower negative impacts and ensure benefits for alongside private businesses while improving the transportation system. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.eeaecon.org/sites/default/files/forms/Yigzaw.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
