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Scientific Article details

Title Economic Impact of Smart City Investment: Evidence from the Smart Columbus Projects
ID_Doc 45769
Authors Chen, ZH; Cheng, JM
Title Economic Impact of Smart City Investment: Evidence from the Smart Columbus Projects
Year 2022
Published
DOI 10.1177/0739456X221129173
Abstract We introduced a research framework for the economic impact assessment of smart city investment using a computable general equilibrium model. Smart Columbus, the first smart city initiative funded by the U.S. federal government to improve urban mobility in central Ohio, was adopted as a case study. The analysis shows that smart city investment has varying effects on the local economy during the construction and operational phases. In addition, the results of distributional impacts on household income suggest that social equity should be given more attention in future planning and decision-making on smart city development, both in Columbus and beyond.
Author Keywords smart city; economic impact; computable general equilibrium model; connected vehicle environment; autonomous vehicle; mobility
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000878791000001
WoS Category Regional & Urban Planning; Urban Studies
Research Area Public Administration; Urban Studies
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