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Event Scheduled for Mar 1, 2013

Event: Seminar in Transportation and Urban Engineering - Guest Speaker:T.R. Lakshmanan, Professor Emeritus, Department of Geography and Environment, Boston University - "Transport Improvements and Economic Evolution: Knowledge Metropolises in the Megalapolis"

Location: Austin Hall Room 434 (formerly known as CLAS Bldg.)

Time: 12:00 pm

Details of Event:
"Transport Improvements and Economic Evolution: Knowledge Metropolises in the Megalapolis" The Seminar will focus on broad economic consequences of multimodal transport investments, in particular the nature of economic evolution and structural changes over several decades along the dynamic Boston-Washington corridor in the U.S. known as the Megalopolis. Specifically the aim is to delineate the nature and scope of the economic evolution in that dynamic multimodal transport corridor, and second, to identify the role of improvements in transport infrastructures in the above economic evolution over the last three to four decades. The talk will begin by outlining the many transport-induced economic mechanisms--- Gains from trade, Technology diffusion, and Gains from Agglomeration made possible by transport investments---underlying the economic transformation along these transport corridors.
However, that is only part of the story of the Megalopolis economic evolution , which reflects, additionally, the effects of several other economic structural change processes:
a) The rise of the ‘Knowledge Economy’
b) The rise in the last three decades of Globalization, and the emergence of corporate central organizational service functions (financial, legal, accounting, and other business and professional services) that permit operation in multiple countries, and
c) The growing role of spatial proximity in providing in metropolitan areas knowledge-rich environments, which offer 1) urban spaces which provide companies functioning as knowledge innovation, and expertise transfer agents {as in a) above}, and 2) a disproportionate concentration of the coordinating central functions {noted in b) above} in selected global cities
The talk will interpret the nature of the economic evolution over several decades in the Megalopolis – in terms of the development of transport networks, demographic changes, economic transformation in terms of the magnitude, and concentration of value added and employment of various industries and services, and the consequent spatial development patterns.


Vita of T.R. LAKSHMANAN

T.R. Lakshmanan began his professional career at Alan M. Voorhees and Associates developing a number of models of urban and state economic growth, retail market potential and transportation. He moved on to become the Corporate vice-President of CONSAD Research Corporation, where he designed and applied policy-analytic models related to several metropolitan areas and, The Strategic Environment Assessment System Model (SEAS), which was extensively used for economic, energy, and environmental policy analyses by U.S .Environmental Protection Agency and the U.S. Department of Energy. In the 1970s, he moved to academia, first as Professor of Geography and Environmental Engineering at The Johns Hopkins University, and later to Boston University. In 1993, he was nominated by President Clinton and confirmed by the US Senate as the Founding Director of The Bureau of Transportation Statistics, U.S. Department of Transportation, and served for over 4 years. He is currently Professor Emeritus at Boston University.
Professor Lakshmanan has been elected as a Life Fellow at Clare Hall College, Cambridge University, a Fellow of The Regional Science Association International, and at The Netherlands Institute of Advanced Studies in Humanities and Social Sciences. He was awarded the Anderson Medal by The Association of American Geographers, and an Honorary Doctorate degree by the Ohio State University. Professor Lakshmanan has published 15 books and over 140 refereed Journal articles and book chapters in the areas of urban and regional economic development, economic and policy modeling of transportation, and energy and environmental analyses and policy. He has served as the Editor of The Annals of Regional Science
Professor Lakshmanan has over 4 decades of research experience in the areas of strategic planning, policy modeling and analyses in the areas of energy, environment and transportation development in the US, Europe and many other parts of the world. Such studies have been carried out for a variety of regional and national bodies, and for international agencies such as the World Bank, the United Nations, and the OECD.
Sponsored by: CTLS, Civil & Environmental Engineering and Geography

Target Audience: Open to All

Sponsored By: Civil and Environmental Engineering

Pamphlet/Flyer: No Pamphlet/Flyer Available


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