Case Studies of Transportation Investment to Identify the Impacts on the Local and State Economy
Michael Iacono, David Levinson
Abstract
Open-access reader
Michael Iacono, David Levinson
Abstract
Open-access reader
This project provides case studies of the impact of transportation investments on local economies. We use multiple \napproaches to measure impacts since the effects of transportation projects can vary according to the size of a \nproject and the size of the area under study, as well as other exogenous factors such as existing economic and \ndemographic conditions. We measure effects on economic output and employment to estimate impacts of specific \ninvestments, and address issues of generative versus redistributive effects of investments, as well as identify \nspecific economic sectors that might be disproportionately affected by such investments.
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This project provides case studies of the impact of transportation investments on local economies. We use multiple \napproaches to measure impacts since the effects of transportation projects can vary according to the size of a \nproject and the size of the area under study, as well as other exogenous factors such as existing economic and \ndemographic conditions. We measure effects on economic output and employment to estimate impacts of specific \ninvestments, and address issues of generative versus redistributive effects of investments, as well as identify \nspecific economic sectors that might be disproportionately affected by such investments.
Key concepts: Economic impact analysis, Investment (military), Economics, Measure (data warehouse), Transportation infrastructure, Business, Microeconomics, Transport engineering