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A Guidebook for Corridor-Based Statewide Transportation Planning (2010) / Chapter Skim
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Appendix F - Economic Development in Statewide Corridor Planning
Pages 65-68

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From page 65...
... The economic impact analysis will conceptually identify key elements of the transportation system from an economic perspective and estimate the comparative impacts of different improvement scenarios. A model might consist of the following: • Defining the study regions, • Analyzing transportation system impacts on the state's economy, • Identifying strategic corridors and facilities, • Analyzing comparative advantages and challenges, • Identifying gaps in the transportation system, • Analyzing mode and freight movements, • Evaluating alternatives, and • Identifying technical linkages between modes.
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From page 66...
... Analyzing Current Transportation Impacts on the Economy The initial overview of the economic significance of the transportation system should provide context for the subsequent assessment of impacts of different future investment scenarios and should support intuitive interpretation of the overall economic outlook from a transportation perspective. This element of the economic analysis will include the following three sub-elements: 1.
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From page 67...
... Figure F-2 demonstrates the basic economic analysis approach linking VMT and VHT estimates of the scenarios to the economic impact analysis methodology. Economic Development in Statewide Corridor Planning 67
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From page 68...
... 68 A Guidebook for Corridor-Based Statewide Transportation Planning Corridor Transportation Passenger User Change in VMT and VHT Change in Transportation Business User Economic ModelEconomic Model Economy Change • Gross Regional Product • Personal Income/ Real Disposable Income • Employment Figure F-2. Modeling economic impacts of transportation investments.
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Key Terms

  • impact analysis
  • supply chains
  • economic competitiveness
  • economic model
  • overall economic

  • key supply
  • transportation planning
  • improvement scenarios
  • statewide transportation
  • comparative advantages

  • corridor planning
  • key changes
  • swot evaluation
  • analyzing comparative
  • identifying strategic

  • vht estimates
  • transportation services
  • statewide corridor
  • key industries
  • changing economic

  • economic perspective
  • available economic
  • economic trends
  • economic transportation
  • economic changes

  • study economic
  • respective economic
  • regional economic
  • using economic
  • enhance economic


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