NTL Record

Title Productivity and Accessibility: Bridging Project Specific and Macroeconomic Analyses of Transportation Investments
Record ID 9102
Personal Name
Creator
Treyz, Frederick; Weisbrod, Glen
Source JT: Journal of Transportation and Statistics, Vol. 1, No. 3
Publisher United States. Department of Transportation. Bureau of Transportation Statistics
Publication Date 19981000
Language English
Abstract Many studies of the local economic impacts of individual highway projects rely on overly narrow measures of economic benefits. Another type of research, focusing on economic productivity, defines benefits more broadly but is also limited by geographic and functional aggregation constraints. This paper attempts to bridge these two perspectives, describing how project-specific analysis methods can shed light on the overall macroeconomic effects of transportation infrastructure spending. It first identifies - at a micro level - the different functional elements of economic development benefits and business productivity. It then critically assesses the state of current methods and data for both aggregate level analysis of capital investment benefits and local level analysis of specific highway project impacts. Results of recent research are then used to illustrate how the analysis of local impacts of specific highway projects can be more fully measured in a context consistent with overall productivity and other economic concepts.
Rosap ID dot:4715
Rosap URL https://rosap.ntl.bts.gov/view/dot/4715
TRT Terms Statistical analysis; Capital investments; Economic analysis; Economic benefits; Productivity
Classification NTL - ECONOMICS AND FINANCE - Economic Impacts
Geographical
Coverage
United States
ISSN 10948848
OCLC 40737899
TRIS Online
Accession No
759500
Availability BTS Products
Resource type Journal Article
URL https://ntlrepository.blob.core.windows.net/lib/9000/9100/9102/5weis.pdf
Alternative URL http://www.bts.gov/publications/journal_of_transportation_and_statistics/volume_01_number_03/; http://www.bts.gov/publications/journal_of_transportation_and_statistics/
Format PDF
Database NTL Digital Repository