Economic development and workforce impacts of state DOT highway expenditures.
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2014-01-01
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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.
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