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i

Transportation, impact on economy, project 2008-05, volume I : final report, September 2009.

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English


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  • 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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    PDF
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    Filetype[PDF - 3.10 MB]
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    urn:sha256:86bd9b60b02b88d22040c756c388cbf363ebf80958c83a78b4ff4acd6788b4b8
File Language:
English
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