EVALUATION OF A STATE-LEVEL ROAD PROGRAM TO PROMOTE LOCAL ECONOMIC DEVELOPMENT

The Revitalize Iowa's Sound Economy (RISE) program is one of the most ambitious in the antion, with an annual budget exceeding $30 million. This article evaluates the impacts of the RISE program in two stages. First, the two key performance-based criteria used by the Iowa Department of Transportation (Iowa DOT) in reviewing RISE proposals are applied. The impacts of 18 completed projects using these criteria are assessed and questions are raised about whether the criteria enable a proper judgment to be made of a project's impacts. A second stage of evaluation consists of applying an alternative framework based on the criterion of real income growth, which is the ultimate objective of economic development. A sequence of screens is used to assess the extent to which the real income of residents within the state has increased as a result of the projects.

Media Info

  • Features: Figures; Tables;
  • Pagination: p. 493-515
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00616675
  • Record Type: Publication
  • Files: TRIS, ATRI
  • Created Date: Nov 30 1991 12:00AM