Economic development and workforce impacts of state DOT highway expenditures.

Details

• Creators:
  Boston, Thomas D. ; Oyelere, Ruth
• Corporate Creators:
  Georgia Institute of Technology
• Corporate Contributors:
  United States. Federal Highway Administration
• Subject/TRT Terms:
  • Expenditures
  • Economic development
  • Economic impacts
  • State departments of transportation
  • Counties
  • Construction projects
  • Income
  • Jobs
  • Revenues
• Publication/ Report Number:
  FHWA-GA-14-1219
• Resource Type:
  Tech Report
• Geographical Coverage:
  Georgia
• Corporate Publisher:
  Georgia. Department of Transportation. Office of Research
• Abstract:
  The research measured the impact of Georgia Department of Transportation’s highway ; expenditures on economic activity in the State. The analysis covered awards made between January 2009 ; and April 2013. The research is unique in that it not only examined economic impacts statewide, but also for ; each of Georgia’s 159 counties and seven GDOT Administrative Districts. The IMPLAN model was used to ; generate six impacts at each geographic level. They included the following: total output, value added in ; production, new jobs created, household income, small business revenue and tax revenues. GDOT’s highway ; expenditures of $3.094 billion were estimated to have created 51,246 new jobs and generated $5.859 billion ; in economic output. The study also found that expenditures supported by the Federal Fiscal Stimulus ; program created 15,088 jobs. A most important finding is the impact per dollar spent differed significantly ; across counties and GDOT Districts. In other words, $1.0 million spent on highway projects in County A did ; not generate the same economic activity and number of jobs as did $1.0 million spent on identical projects in ; County B. An important recommendation therefore is that GDOT planners must take these differential ; impacts into consideration in order to maximize the effect of highway expenditures on local economic ; development.
  More +
• Format:
  PDF
• Funding:
  0010766 (RP 12-19 ; UTC Sub-project) under RP 11-24)
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/28776/dot_28776_DS1.pdf
• File Type:
  [PDF - 2.45 MB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:916e039af68b78cda043ded12dbcd714d526b04ba14bf4a6f515019162cc914a