ECONOMIC EVALUATION OF HIGHWAY INVESTMENT NEEDS
FHWA has been required by Congress to prepare biennial reports on the condition of the U.S. highways and the need for highway investment since 1968. Although these needs reports have become more sophisticated with each edition, they still fall short of a full economic analysis of highway investment. The role that economic analysis might play in needs reports is explained, the use of economics in past reports is evaluated, the general categories of benefits and costs that should be considered are outlined, and quantitative benefit-cost evaluation for determining highway needs is illustated. (Author)
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- Find a library where document is available. Order URL: http://worldcat.org/issn/03611981
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Supplemental Notes:
- Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved. Publication of this paper sponsored by Committee on Transportation Programming, Planning, and Systems Evaluation.
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Authors:
- Gomez-Ibanez, Jose A
- Lee, Douglass B
- Publication Date: 1983
Media Info
- Media Type: Print
- Features: Figures; References; Tables;
- Pagination: pp 21-27
- Monograph Title: Transportation management, finance, and pricing issues
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Serial:
- Transportation Research Record
- Issue Number: 940
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Benefit cost analysis; Economic analysis; Highway planning; Investments; Specifications
- Uncontrolled Terms: Requirement
- Subject Areas: Administration and Management; Economics; Highways; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 00387941
- Record Type: Publication
- Files: TRIS, TRB
- Created Date: Sep 28 1984 12:00AM