Broad economic benefits of freight transportation infrastructure improvement.
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2012-06-01
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NTL Classification:NTL-FREIGHT-Freight Planning and Policy;NTL-PLANNING AND POLICY-Freight Planning and Policy;NTL-ECONOMICS AND FINANCE-Economic Impacts;
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Abstract:This project strives to introduce a novel way to quantify the broad re-organization benefits associated with an
improvement in the freight infrastructure. Using the approach based on 1) the technique known as Field of Influence, and
2) RAS adjustment of input-output account, the benefits of reducing truck congestion in urban areas are estimated with
and without the re-organization effects. Both approaches are applied to various urban areas in the upper Midwest to
evaluate their broad applicability and to investigate the relationship between the estimated benefits and the economic
structure and size.
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