Cost-Benefit Analysis of Constructing and Operating a Streetcar System in Buffalo, NY

Department Chair

Frederick Floss, Ph.D.

Author

Daniel Kevin Zielinski, State University of New York College at Buffalo - Buffalo State CollegeFollow

Date of Award

12-2020

Access Control

Open Access

Degree Name

Applied Economics, M.A.

Department

Economics and Finance Department

Advisor

Bruce Fisher, Ph.D.

Department Home page

https://economics.buffalostate.edu/

First Reader

Bruce Fisher, Ph.D.

Second Reader

Frederick Floss, Ph.D.

Third Reader

Nicole Hunter, Ph.D.

Abstract

In about 30 of the largest 300 US metro areas, fixed-rail electric streetcars have been reintroduced or refurbished after 75 years of policy favoring petroleum-powered buses. Unlike buses, new streetcar systems are designed to enhance or regenerate economic activity along their routes in urban centers that lack the population density to support subway systems. This paper assesses the criteria utilized by the US Department of Transportation in its decision-making process for supporting streetcar projects. Using multi-factor cost-benefit analysis, a model of a potential streetcar reintroduction for Buffalo, New York is presented.

Recommended Citation

Zielinski, Daniel Kevin, "Cost-Benefit Analysis of Constructing and Operating a Streetcar System in Buffalo, NY" (2020). Applied Economics Theses. 43.
https://digitalcommons.buffalostate.edu/economics_theses/43