Evaluating Transportation Economic Development Impacts Understanding How Transport Policy and Planning Decisions Affect Employment, Incomes, Productivity, Competitiveness, Property Values and Tax Revenues
Todd Litman
Abstract
Todd Litman
Abstract
Economic development refers to progress toward a community’s economic goals such as increased employment, income, productivity, property values, and tax revenues. This report examines how transportation policy and planning decisions affect economic development, methods for evaluating these impacts, and ways to maximize economic development benefits in transport decisions. Some of these impacts are often overlooked in conventional analysis.
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Economic development refers to progress toward a community’s economic goals such as increased employment, income, productivity, property values, and tax revenues. This report examines how transportation policy and planning decisions affect economic development, methods for evaluating these impacts, and ways to maximize economic development benefits in transport decisions. Some of these impacts are often overlooked in conventional analysis.
Key concepts: Productivity, Revenue, Affect (linguistics), Tax revenue, Public economics, Economics, Economic impact analysis, Business