Tools for Assessing Wider Economic Benefits of Transportation (SHRP 2 Project C11*)
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Greetings!
Two SHRP 2 projects studied the economic impacts of transportation projects--Interactions between Transportation Capacity, Economic Systems, and Land Use merged with Integrating Economic Considerations Project Development (Project C03) and Development of Improved Economic Analysis Tools Based on Recommendations from Project C03 (Project C11). Project C03 developed a screening tool, known as T-PICS, which can predict the general range of economic impacts associated with various transportation projects. As a complementary effort, Project C11 developed four spreadsheet tools that can be used to examine specific changes in transportation conditions that are associated with individual project proposals and their economic consequences. The final report for project C11 describes this effort and the four spreadsheet tools, which are available at www.tpics.us/tools.
* To make research available as early as possible, SHRP 2 is temporarily posting final reports that have been submitted by the research team, reviewed according to the relevant National Academy of Sciences procedures, and accepted for publication. These prepublication drafts, which have not been edited or formatted for publication, will be replaced by the final versions as they complete the editorial process.
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