Development of Tools for Assessing Wider Economic Benefits of Transportation (2014) / Chapter Skim
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Pages 80-81
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80 Accomplishments So Far The spreadsheet tools developed by SHRP 2 Project C11 have five salient uses: • They demonstrate that it is possible to estimate wider transportation impacts, including travel time reliability, intermodal connectivity, and market accessibility. • They demonstrate that it is possible to calculate an economic value to households and businesses that are directly affected by those wider transportation impacts.
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From page 81... ...
81 For instance, the business value of improved reliability has been calculated for freight deliveries, but is not yet operational for commuting trips. Furthermore, no effort has yet been made to assess the value of quality of life improvements that residents may realize because of better accessibility to shopping, recreation, and tourism opportunities.
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