INCORPORATING ECONOMIC CONSIDERATIONS IN THE PREPARATION OF ENVIRONMENTAL IMPACT STATEMENTS

This paper sets forth a practical, systematic approach to incorporating economic analysis into the preparation of environmental impact statements. Although the guidelines presented are not intended to be all-encompassing, taking explicit account of economic effects according to the approach suggested will lead to more complete environmental impact statements than are now executed and will provide meaningful insights into the effects of specific projects. The first portion of the paper is devoted to a discussion of the general questions that must be addressed in choosing an acceptable set of indicators of economic impact. How other people would be affected by the highway improvement is considered to be a better criterion for judging impact than how much better off or worse off the road use would be. Other general questions addressed are the incidence of effects and welfare versus redistribution effects. The other major portions of the paper consist of a discussion of appropriate indicators and the corresponding formulas for them. Care has been taken to include only indicators and formulas for which the necessary data are easily accessible.

Media Info

  • Media Type: Print
  • Features: Figures; References;
  • Pagination: pp 55-70
  • Monograph Title: Social, economic and environmental implications in transportation planning
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00141408
  • Record Type: Publication
  • ISBN: 0309024978
  • Report/Paper Numbers: Conf Paper
  • Files: TRIS, TRB
  • Created Date: Nov 3 1977 12:00AM