This paper examines highway-related economic development programs operated by state transportation agencies. These programs have common features that reflect similar objectives, goals, selection criteria, and organizational needs. Some, however, employ distinctive, recommendable best practices: economic scoring processes, job tracking systems, and measurements of economic impact. A development model or set of guidelines that integrates these best practices may help decision makers explore and appraise transport infrastructure investments in a more systematic and effective manner.
Get full access to this article
View all access options for this article.
References
1.
Economic Development Research Group and Cambridge Systematics, Inc.Public Transportation and the Nation's Economy: A Quantitative Analysis of Public Transportation's Economic Impact.1999. www.apta.com/research/info/online/documents/vary.pdf. Accessed April 3, 2004.
2.
ChadS., and CliffordW.. Firm Inventory Behavior and the Returns from Highway Infrastructure Investments.Journal of Urban Economics, Vol. 55, No. 2, March 2004, pp. 398–415.
3.
IshaqN. M., and MamuneasT. P.. Contribution of Highway Capital to Industry and National Productivity Growth.Publication Bureau of Transportation Statistics, 1996. www.ntl.bts.gov/data/growth.pdf. Accessed March 3, 2004.
4.
FangB., HanX., LawsonA. M., and LumS. K. S.. U.S. Transportation Satellite Accounts for 1992.Journal of Transportation and Statistics, Vol. 6, No. 4, 1998, pp. 16–27.
BristowA. L., and NelthropJ.. Transport Project Appraisal in the EU.Transport Policy, Vol. 7, No. 1, 2000, pp. 51–60.
9.
Federal Highway Administration, U.S. Department of Transportation. TEA-21: Transportation Equity Act for the 21st Century Moving Americans into the 21st Century.Bureau of Transportation Statistics, 1998. www.fhwa.dot.gov/tea21.htm. Accessed June 15, 2004.
10.
Federal Highway Administration, U.S. Department of Transportation.Linking the Delta Region with the Nation and the World.Bureau of Transportation Statistics, 1995. www.tfhrc.gov/pubrds/winter96/p96w19.htm. Accessed March 31, 2004.
HuntJ.Road Improvements to Promote Local Economic Development: An Iowa Case Study. Presented at 1996 Semisesquicentennial Transportation Conference, Iowa State University, 1996. www.ctre.iastate.edu/pubs/semisesq/session2/hunt/. Accessed Nov. 3, 2004.
14.
BabcockW. M., and BratsbergB.. Economic Impacts of the Kansas Comprehensive Highway Program.Kansas Department of Transportation, Topeka, 1997.
