Assessment of the influence due to a new metro line on the promotion of business activities around the stations: A case study of MetroSur in Madrid

TL;DRAbstract

The construction of a new public transportation infrastructure in a metropolitan area has a great impact, in many different ways, on the neighborhoods surrounding the stations. The objective of this paper is to evaluate the influence that the construction of a new metro line has on the promotion of businesses (shops, offices and so on) near the stations. To that end, we have analyzed, as a case study, the construction of the new metro line, “Metrosur”, in Alcorcon, a municipality at the south east of Madrid. The analysis was carried out through two different approaches: on one hand, we used a “point pattern analysis” to estimate kernel surfaces to analyze the variation in the density of business activities during a period of ten years, from the conception of the line to four years after the line entered into operation. In the second approach, we calibrated a binary logit model to assess the probability that each location has to hold any economic activity taking into account its distanc

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