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Transportation, impact on economy, project 2008-05, volume I : final report, September 2009.
  • Published Date:
    2009-06-01
  • Language:
    English
Filetype[PDF-3.10 MB]


Details:
  • Corporate Creators:
  • Publication/ Report Number:
    FHWA-NJ-2009-015
  • Resource Type:
  • Geographical Coverage:
  • OCLC Number:
    693594981
  • NTL Classification:
    NTL-ECONOMICS AND FINANCE-Economic Impacts ; NTL-PLANNING AND POLICY-PLANNING AND POLICY
  • Format:
  • Abstract:
    This report estimates both the one-time and the on-going economic and fiscal benefits from

    transportation investments. The report provides NJDOT with two general software programs to

    enable both types of benefits to be estimated for specific highway transportation projects. These

    programs can assist NJDOT in its planning and economic analysis. The report uses past NJDOT

    highway transportation projects to identify the myriad inputs used in highway projects and the

    expenditures made on these inputs for 40 project types and locations (e.g., bridge replacement,

    road widening, intersection improvements, etc. in North and South New Jersey). Using the

    R/ECONTM Input-Output Model, estimates of the one-time benefits of each project type/location

    are made and a general- use software program is developed. This Transportation Investment

    Impact Estimator is applied to NJDOT’s Ten-Year Capital Plan. The analysis indicates that over

    95,000 job-years, an additional $7.9 billion in gross domestic product, and an additional $6 billion

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  • Supporting Files:
    No Additional Files
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