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 |
PDF |
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