ECONorthwest Economists Quoted About the Economic Impacts of Traffic Congestion

May 12, 2020

Congested highway

In an article in Business Oregon, ECONorthwest’s Matthew Kitchen and Dr. Adam Domanski discuss the impacts that time lost while commuting has on business productivity and quality of life. Matthew makes a point that, “As populations and jobs grow, especially in key urban places like Portland, traffic increases, but it’s not necessarily a one-to-one relationship.” Adam highlights that, “Traffic congestion is a classic example of what economists call a negative externality. A growing economy leads to increased traffic, but the individual and social costs of getting out on the road are misaligned. The key would be to find a way to decouple traffic growth from economic growth.”

View the article here.