Measuring the Impacts of Freight Transportation Improvements on the Economy and Competitiveness

Measuring the Impacts of Freight Transportation Improvements on the Economy and Competitiveness
Author: U. S. Department of Transportation
Publisher: Createspace Independent Publishing Platform
Total Pages: 96
Release: 2017-01-25
Genre:
ISBN: 9781542548946

This reference document serves as the final report for Federal Highway Administration's (FHWA) project to examine economic competitiveness and cost in relation to freight movement. To inform this document, a literature review and white paper that considered the concept of competitiveness in relation to the concept of economic productivity was developed. The white paper identified different freight performance measures and economic factors and discussed their linkage. It also reviewed a broad range of models that have been used to analyze the benefits and economic impacts of transportation improvements. A technical memo provided information sorting economic tools by type and an evaluation of those models that are most relevant to measuring the productivity impacts of freight improvements. In addition, a reference document was developed for practitioners discussing the different classes of benefits, economic impacts, and different models and tools for analyzing them. This document pulls together the research from all the tasks. While there is considerable emphasis in this document on the important economic impacts of freight transportation improvements on competitiveness and economic productivity, other types of economic impacts are also discussed. This document thus reviews three different types of analyses: 1) benefit-cost analysis (BCA), 2) economic impact assessments, and 3) analyses focused on estimating the impact of transportation on industry productivity and competitiveness.

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Author: Richard John Hillestad
Publisher: Rand Corporation
Total Pages: 166
Release: 2009
Genre: Business & Economics
ISBN:

"On January 29, 2009, the RAND Corporation hosted a panel discussion with three former U.S. Secretaries of Transportation [William T. Coleman, Jr., James H. Burnley IV, and Rodney Slater]. This wide-ranging discussion, held the week after President Barack Obama's inauguration and during the congressional debate over the stimulus package (eventually passed as the American Recovery and Reinvestment Act of 2009), allowed the former secretaries to share their insights into transportation policymaking"--Preface

Measuring the Impacts of Freight Transportation Improvements on the Economy and Competitivesness

Measuring the Impacts of Freight Transportation Improvements on the Economy and Competitivesness
Author: Laurence O'Rourke
Publisher:
Total Pages: 84
Release: 2015
Genre: Competition
ISBN:

This document provides a review of approaches, methods, and tools that can be used to evaluate how freight improvements contribute to economic competitiveness and the cost of goods. The information within is intended to serve as a point of reference to assist practitioners, particularly state and regional transportation decision makers, in considering how freight improvements contribute to the economy. The document provides an overview of the methods used in this area that is not overly technical and is designed to be accessible to a range of practitioners in different disciplines, including engineers, planners, and policymakers. It is expected that this document will be of interest to members of State DOTs, MPOs, Federal agencies, and other stakeholders interested in freight transportation and economic development.