Transportation agencies often face uncertainty regarding how to define and assess the economic magnitude of benefits associated with alternative projects and programs. Alternative types of economic impact analysis are examined, using data from a highway study in Kentucky to explore (1) differences in the definitions of economic benefits inherent in the various types of analysis, (2) reasons for their differing findings on the value of benefits, and (3) issues affecting their interpretation and use in decision making.
Comparing Approaches for Valuing Economic Development Benefits of Transportation Projects
Transportation Research Record: Journal of the Transportation Research Board
Transportation Research Record: Journal of the Transportation Research Board ; 1649 , 1 ; 86-94
1998-01-01
Article (Journal)
Electronic Resource
English
Comparing Approaches for Valuing Economic Development Benefits of Transportation Projects
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