REGIONAL AND LOCAL ECONOMIC IMPACTS OF TRANSPORTATION INVESTMENTS
Jack R. Huddleston, Prem Pangotra
Abstract
Jack R. Huddleston, Prem Pangotra
Abstract
This article presents a simple model of a state and local economy in which transportation investments can be tracked through to their logical impacts. In the framework of this model, major impacts that might be expected from such investments are identified and discussed. Several key conceptual and methodological issues involved in the assessment of economic impacts are described. Finally, the appropriate role of economic impact assessments in procedures for investment allocation decisions is examined.
OpenAlex reports 23 citations for this work. Citation counts describe recorded attention and do not establish research quality.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
This article presents a simple model of a state and local economy in which transportation investments can be tracked through to their logical impacts. In the framework of this model, major impacts that might be expected from such investments are identified and discussed. Several key conceptual and methodological issues involved in the assessment of economic impacts are described. Finally, the appropriate role of economic impact assessments in procedures for investment allocation decisions is examined.
Key concepts: Economic impact analysis, Investment (military), Key (lock), Economic model, Business, Conceptual framework, Economics, Risk analysis (engineering)