METHODS USED TO STUDY EFFECTS OF THE LEXINGTON, VIRGINIA, BYPASS ON BUSINESS VOLUMES AND COMPOSITION

A DESCRIPTION IS PRESENTED OF THE METHODS APPLIED IN PURSUING A STUDY OF THE ECONOMIC EFFECTS OF THE U.S. ROUTE 11 BYPASS AT LEXINGTON, VA., A TOWN WITH A POPULATION PRESENTLY ESTIMATED AT 6,500. THIS STUDY WAS LIMITED TO THE EFFECTS OF THE BYPASS ON BUSINESS VOLUMES AND COMPOSITION. THE PRIMARY SOURCE OF DATA WAS THE STATE BUSINESS LICENSE APPLICATION, WHICH INDICATES GROSS INCOME AND USEFUL INFORMATION ON LOCATION AND OWNERSHIP. THESE DATA HAVE BEEN SUMMARIZED AND COMPARED WITH VARIOUS INDICES OF ECONOMIC ACTIVITY. EFFECTS OF CHANGES IN THE TOTAL ECONOMY HAVE BEEN IDENTIFIED AND REMOVED WHERE POSSIBLE. PARTICULAR ATTENTION WAS DEVOTED TO THE DEVELOPMENT OF CONTINUITY IN THE DATA ASSEMBLED. EXHAUSTIVE FIELD CHECKS AND CROSS REFERENCING OF DATA SHEETS WERE EMPLOYED. THIS STUDY WAS DESIGNED TO PERMIT EMPLOYMENT OF CLASSIFICATIONS AND COMPARISONS WHICH HAVE BEEN USED IN PREVIOUS ECONOMIC IMPACT STUDIES WITH THE AIM OF TESTING THEIR CONGRUITY. MACHINE DATA PROCESSING HAS BEEN EMPLOYED FOR EXPERIENCE, ALTHOUGH THE NUMBER OF BUSINESSES IS NOT SUFFICIENTLY LARGE TO DEMAND THIS REFINEMENT. /AUTHOR/

Media Info

  • Monograph Title: Land acquisition and economic impact studies 1958
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00200279
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Oct 14 1994 12:00AM