| Title | Highways and the Economy |
|---|---|
| Record ID | 49901 |
| Personal Name Creator |
Butler, Stewart E.; Gazda, Walter E.; Horn, Richard J.; Schneider, C. G.; Smith, R. T. |
| Source | 134p. in various pagings |
| Corporate Creator | John A. Volpe National Transportation Systems Center (U.S.) |
| Corporate Contributor |
United States. Federal Highway Administration |
| Publisher | United States. Federal Highway Administration |
| Publication Date | 19831100 |
| Language | English |
| Abstract | Previous analyses conducted by the Federal Highway Administration (FHWA) are used to project year-by-year economical impacts of changes in highway performance out to 1995. In the principal scenario examined, highway performance is allowed to deteriorate over time. This leads to reduction in aggregate economic welfare in terms of higher prices and lower levels of production, employment, disposable income, consumption, expenditures, and labor productivity. The most adversely affected individual sectors are for-hire trucking and highway construction firms and their suppliers. Industries that would be helped include tires and bus, truck, and trailer bodies. Family vehicle miles traveled (VMT) is projected to deline by 26 percent in the low-investment scenario. In the scenario in which there is rapid improvement in highway performance, the projected economic changes are generally opposite to those in the low-investment scenario. |
| Rosap ID | dot:11312 |
| Rosap URL | https://rosap.ntl.bts.gov/view/dot/11312 |
| TRT Terms | Highways; Forecasting; Operating costs; Simulation; Performance; Economic analysis |
| General Subjects | Roads; Economic aspects; highway Expenditures; Highway Performance; Productivity; Vehicle Miles Traveled (VMT); Macroeconomic Analysis; Input-output Analyses |
| Classification | AGR - IMPACTS - IMPACTS; AGR - IMPACTS - Economic and Community Development; NTL - ECONOMICS AND FINANCE - ECONOMICS AND FINANCE; NTL - ECONOMICS AND FINANCE - Economic Impacts |
| Geographical Coverage |
United States |
| Report Number | DOT-TSC-FHWA-83-01; FHWA/PL-83/014; PB84-122712 |
| Resource type | Tech Report |
| URL | https://ntlrepository.blob.core.windows.net/lib/49000/49900/49901/DOT-TSC-FHWA-83-01.pdf |
| Format | |
| Database | NTL Digital Repository |