Abstract With strong emphasis on economic development at the local and state levels in the United States, considerable interest exists in upgrading highways to help make an area more attractive to businesses. This article examines the nature and level of economic benefits that result from highway investments. Previous research on this relationship is examined. Economics principles are applied in positing a conceptual framework with which to assess the benefits of a highway investment. Two basic types of benefits are defined: reductions in transportation costs and increases in economic activity. We argue that road user benefits should form the basis for a decision of whether or not to invest public funds to upgrade a highway. From a national perspective, increases in local economic activity near the route are transfers from other locations and are not actually economic development. The conceptual framework is used to evaluate four alternative routes in a 500 mile corridor connecting two large metropolitan areas in the Midwest region of the U.S.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    Economic benefits of a corridor highway investment


    Beteiligte:

    Erschienen in:

    Erscheinungsdatum :

    1990-01-01


    Format / Umfang :

    10 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch



    Highway Investment Benefits under Alternative Pricing Regimes

    Williams, H.C.W.L. | Online Contents | 2001


    Rural highway route corridor selection

    Parker, Neville A. | Taylor & Francis Verlag | 1977


    Economic evaluation of highway system benefits

    Agnello, Richard J. | Elsevier | 1977


    A highway corridor planning model: QROAD

    Petersen, E.R. | Online Contents | 2002


    Preliminary Economic Evaluation of the Highway Element of the Texas 2020 Corridor

    S. Gonzalez-Ayala / B. F. McCullough / R. Harrison | NTIS | 1993