Supporting economic development with highway investment

Details

• Creators:
  Lee, Doug ; Futcher, Emily
• Corporate Creators:
  John A. Volpe National Transportation Systems Center (U.S.)
• Corporate Contributors:
  United States. Federal Highway Administration. Office of Planning, Environment, and Realty
• Subject/TRT Terms:
  • Case studies
  • Economic analysis
  • Economic development
  • Strategic planning
  • Transportation planning
  • Highway planning
  • State of the practice
  • Investments
  • Highways
• Publication/ Report Number:
  FHWA-HEP-16-XXX
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States
• Corporate Publisher:
  United States. Federal Highway Administration
• Abstract:
  Federal transportation regulations and law direct State and local transportation agencies to account for economic development plans in transportation planning processes. While Federal law is not prescriptive about how State and local agencies account for economic development, there exists a need for better understanding of how highway projects can support economic development and the economic competitiveness of local and regional economies. This document is a primer on economic development, and includes a glossary of relevant terms, discussion of available economic analysis methods and tools, and descriptions of current practice in estimating economic development impacts by agencies of different sizes. The primer focuses on economic development concepts and economic development impacts generally, in the context of discussing the role of highway investment within a package of economic development actions and policies.
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/12395/dot_12395_DS1.pdf
• File Type:
  [PDF - 726.97 KB]
• Collection(s):
  Volpe Center ; Federal Highway Administration
• Main Document Checksum:
  urn:sha-512:da6183c0b61091e0a5905de113eef0e80092420f7bc9f250f09fc732771488883e4134971a19827231771dcaf2c5d36e3a2478fc2779cd460ec9533b3da165f5