THE IMPACT OF A NEW INTERSTATE HIGHWAY ON A CORRIDOR: AN INPUT-OUTPUT ANALYSIS

THE INPUT-OUTPUT TECHNIQUE OF ANALYSIS WAS USED TO ESTIMATE THE ECONOMIC IMPACT OF NEW INTERSTATE HIGHWAY (I-80) ON A CORRIDOR IN SOUTHWESTERN WYOMING. THE IMPACT WAS MEASURED IN TERMS OF SALES, HOUSEHOLD INCOME, AND EMPLOYMENT GENERATED. LOCAL INPUT COEFFICIENTS WERE DEVELOPED FOR 1967 AND WERE USED TO ESTIMATE THE IMPACT OF THE INTERSTATE ON THE CORRIDOR IN 1967, AS WELL AS THE CUMULATIVE IMPACT OVER THE PERIOD OF CONSTRUCTION, 1955-1975. A NEW TRANSACTION TABLE WAS CONSTRUCTED FOR 1983, AND THE COEFFICIENTS DERIVED FROM THIS TABLE WERE USED TO FORECAST THE CUMULATIVE IMPACT FOR THE 1976-1990 PERIOD. RESULTS OF THE RESEARCH SHOWED THAT THE TOTAL CONSTRUCTION OUTLAY OF $103.5 MILLION, FROM 1955 TO 1975, WILL HAVE GENERATED AN ESTIMATED $65 MILLION OF LOCAL HOUSEHOLD INCOME, $91 MILLION OF SALES BY LOCAL BUSINESSES OTHER THAN HIGHWAY CONTRACTORS, AND APPROXIMATELY 8,600 MAN-YEARS OF EMPLOYMENT. DURING THE PERIOD 1976-1990 AN ADDITIONAL #37 MILLION IN LOCAL SALES AND $9 MILLION IN HOUSEHOLD INCOME WILL BE GENERATED FROM I-80 INDUCED TRAVEL, INDUCED INVESTMENT, INCREASED MAINTENANCE, AND DISTRIBUTION OF GASOLINE AND SALES TAX TO CORRIDOR GOVERNMENTS. /FHWA/

  • Corporate Authors:

    University of Wyoming, Laramie

    College of Commerce and Industry
    Laramie, ID  USA  82071
  • Authors:
    • Hooker, R W
    • Potter, K R
  • Publication Date: 1971-1

Subject/Index Terms

Filing Info

  • Accession Number: 00201235
  • Record Type: Publication
  • Source Agency: Federal Highway Administration
  • Files: TRIS, USDOT
  • Created Date: Apr 17 1973 12:00AM