A MODEL-PROCEDURE FOR ESTIMATING ECONOMIC IMPACTS OF ALTERNATIVE TYPES OF HIGHWAY IMPROVEMENT

While there is universal agreement among economists that government programs whose benefits exceed their costs represent an efficient use of resources, practical application of this economic law has been thwarted by the difficulty of measuring the benefits of public programs. The primary purpose of this article is to present a methodology to measure some of the economic benefits of state highway programs. This study offers a model-procedure to estimate income, output, and employment impacts of specific types of highway improvement within a regional context.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1588960
• Corporate Authors:

  American Society of Transportation and Logistics

  320 East Water Street
  Lock Haven, PA  United States  17745
• Authors:
  • Babcock, M W
  • Emerson, M J
  • Prater, M
• Publication Date: 1997

Language

• English

Media Info

• Features: Appendices; References; Tables;
• Pagination: p. 30-43
• Serial:
  • Transportation Journal
  • Volume: 36
  • Issue Number: 4
  • Publisher: American Society of Transportation and Logistics
  • ISSN: 0041-1612
  • Serial URL: https://scholarlypublishingcollective.org/psup/transportation-journal

Subject/Index Terms

• TRT Terms: Economic impacts; Economic models; Highways; Improvements; Income; Output; State highways
• Subject Areas: Economics; Highways; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 00745010
• Record Type: Publication
• Files: TRIS
• Created Date: Jan 28 1998 12:00AM