NATIONAL AND PROVINCIAL ECONOMIC IMPACT OF NATIONAL HIGHWAY POLICY : FINAL REPORT
In 1988 a committee under the auspices of the roads and transportation association of Canada began work on a study aimed at defining a national highways policy for Canada (see phase 1 report, IRRD 807292). One component of the first phase of the study established minimum design and operational standards for a national highway system. This report documents one task of the second phase of the study: an assessment of the benefits which would accrue to the national economy as a result of a program to improve the national highway system to meet the criteria identified in phase 1. An econometric model was used to assess the inter-relationships between detailed demands on the economy, output and employment of producers, prices of producers, and prices as they are finally faced by "consumers" as households, investors and governments. The cumulative benefits of the national highway program over the time period 1991-2000 are estimated to be in the range of $9.8 billion to $14.4 billion, with estimated employment impacts ranging from 18.9 to 186.9 thousand person years over the same time frame. The report presents a detailed description of the method of analysis and results.
Transportation Association of Canada (TAC)Ottawa, Ontario Canada
- Publication Date: 1989-11
- Pagination: n.p.
- TRT Terms: Benefit cost analysis; Economics; Financing; Impact studies; Improvements; Networks; Roads; Standardization
- Uncontrolled Terms: Road networks
- Geographic Terms: Canada
- ITRD Terms: 8018: Canada; 226: Cost benefit analysis; 255: Economics; 244: Financing; 9112: Impact study; 9108: Improvement; 9075: Standardization
- Subject Areas: Economics; Highways;
- Accession Number: 00498295
- Record Type: Publication
- Source Agency: Transport and Road Research Laboratory (TRRL)
- Files: ITRD, TRIS
- Created Date: Sep 30 1990 12:00AM