Economic Development Impact of Corridor Improvements

Details

• Creators:
  Chacon-Hurtado, Davis ; Yang, Ruiman ; Gkritza, Konstantina ; Fricker, Jon D.
• Corporate Creators:
  Purdue University. Joint Transportation Research Program
• Corporate Contributors:
  Indiana. Dept. of Transportation ; United States. Federal Highway Administration
• Subject/TRT Terms:
  • Highway capacity
  • Traffic flow
  • Saturation flow
  • Arterial highways
  • Traffic signals
  • Incident management
  • Highway traffic control systems
  • Work zone traffic control
  • Highway corridors
  • arterial signal coordination
  More +
• Publication/ Report Number:
  FHWA/IN/JTRP-2018/01
• Resource Type:
  Tech Report
• Geographical Coverage:
  Indiana ; United States
• Corporate Publisher:
  Purdue University. Joint Transportation Research Program
• Abstract:
  In recent years, the Indiana Department of Transportation (DOT) and other state transportation agencies have increasingly implemented non-capacity expansion projects or strategies due to their benefits in improving flow, safety, and reducing delay in the transportation network at low capital, operations, and maintenance cost. The quantification of the benefits of these strategies has also become very important due to increasingly challenging local and regional fiscal conditions. With this in mind, this project developed a framework and a tool for the evaluation of economic development impacts of corridor improvements at the sketch-level of planning. The resulting framework and tool, called “Tool for Operations – Economic Impact Analysis” (TOPS-EIA), is based on a framework and tool from the Federal Highway Administration (FHWA) called Tool for Operations Benefit Cost Analysis (TOPS-BC). TOPS-EIA takes the expected impacts of each strategy on corridor performance and translates them into business cost savings and economic development impacts through a set of statewide economic multipliers. TOPS-EIA is subdivided into 4 modules: arterial signal coordination (ASC) strategies, traffic incident management (TIM) strategies, work zone management (WZM) strategies, and access management (AM) strategies. Additionally, a qualitative tool for road diet (RD) strategies was developed. To demonstrate TOPS-EIA, two case studies of ASC strategies were conducted. The results showed that this type of strategies could provide not only significant user cost savings, but also economic development impacts, expressed as gross regional product, job-years, and real personal income. The proposed methodology and tool can assist DOTs, Metropolitan and Rural Planning Organizations (MPOs and RPOs) in assessing the benefits of non-capacity expansion projects at the early and middle stage planning processes and, therefore, contribute to better-informed decisions.
• Format:
  PDF
• Funding:
  SPR-3912
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/36530/dot_36530_DS1.pdf
• File Type:
  [PDF - 12.14 MB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:6ed15e8c0324d3743082773567e071a98bf45a1dea8fa178f77fae60111cb0e5