Commuting difficulties cause losses to the economy, according to Marcos Cintra
FGV's vice-president and São Paulo School of Business Administration professor, Marcos Cintra, states that traffic does not only represent a problem for those who waste time inside their cars. This factor, according to him, causes a series of damage to the economy itself.
In the study The economic costs of traffic jams, written by him, the professor has identified that commuting difficulties in São Paulo causes losses of approximately 6% to the Gross Domestic Product (GDP) of the city.
When people usually talk about urban mobility, they obviously think a lot in quality of life, psychological well-being, but what also emerged was the huge economic impact of this scenario, states Cintra.
For more information, please visit São Paulo School of Business Administration's blog. (Page in Portuguese)