Highways and the Economy

Butler, Stewart E.; Gazda, Walter E.; Horn, Richard J.; Schneider, C. G.; Smith, R. T.; John A. Volpe National Transportation Systems Center, (U.S.)

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Highways and the Economy

1983-11-01
By Butler, Stewart E. ; Gazda, Walter E. ; Horn, Richard J. ; ...

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English

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Details:

Creators:

Butler, Stewart E. ; Gazda, Walter E. ; Horn, Richard J. ; Schneider, C. G. ; Smith, R. T.

Butler, Stewart E. ; Gazda, Walter E. ; Horn, Richard J. ; Schneider, C. G. ; Smith, R. T. Less -
Corporate Creators:

John A. Volpe National Transportation Systems Center, (U.S.)
Corporate Contributors:

United States. Federal Highway Administration
Subject/TRT Terms:

[+]

Economic Analysis Economic Aspects Forecasting Highway Expenditures Highway Performance Highways Input-output Analyses Macroeconomic Analysis Operating Costs Performance Productivity Roads Simulation Vehicle Miles Traveled (VMT)
Publication/ Report Number:

DOT-TSC-FHWA-83-01;FHWA/PL-83/014;PB84-122712
Resource Type:

Tech Report
Geographical Coverage:

United States
Corporate Publisher:

United States. Federal Highway Administration
NTL Classification:

AGR-IMPACTS-IMPACTS;AGR-IMPACTS-Economic and Community Development;NTL-ECONOMICS AND FINANCE-ECONOMICS AND FINANCE;NTL-ECONOMICS AND FINANCE-Economic Impacts;
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.
Format:

PDF
Collection(s):

Federal Highway Administration Volpe Center
Main Document Checksum:

[+]

urn:sha256:9d50b5ec70daad3f83db960136873007a8de6b63a4285cae5d9e88a9defc7e87
Download URL:

https://rosap.ntl.bts.gov/view/dot/11312/dot_11312_DS1.pdf
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Highways and the Economy

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