ESTIMATING ECONOMIC IMPACTS OF ALTERNATE TYPES OF HIGHWAY IMPROVEMENT

State highway policy makers often request that state Departments of Transportation supply economic impact information regarding highway programs. Currently most DOTs are unable to provide accurate assessments of this nature. Increasingly state DOTs attempt to justify their budget requests by estimating the economic benefits of their proposed highway projects. The primary purpose of this paper is to present a model procedure to measure some of the economic benefits of state highway programs. The paper demonstrates how the model procedure can be used by state DOTs to answer important highway policy questions. These include economic justification of the state highway program, the employment impact of the program, and measurement of the economic impact of alternative highway priorities.

• Supplemental Notes:
  • Full Conference proceedings available only on CD.
• Corporate Authors:

  International Road Federation

  525 School Street, SW
  Washington, DC  United States  20024
• Authors:
  • Babcock, m
  • Emerson, M J
  • Prater, M
  • Russell, E R
• Conference:
  • XIIIth World meeting of the International Road Federation
  • Location: Toronto, Canada
  • Date: 1997-6-16 to 1997-6-20
• Publication Date: 1997

Language

• English

Media Info

• Pagination: n.p.

Subject/Index Terms

• TRT Terms: Budgeting; Economic benefits; Economic factors; Economic impacts; Highways; Improvements; Policy analysis; Simulation; State departments of transportation
• Old TRIS Terms: Models-simulation
• Subject Areas: Economics; Finance; Highways; Policy; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 00751768
• Record Type: Publication
• Files: TRIS
• Created Date: Aug 9 1998 12:00AM