Economic and Development Implications of Transportation Disinvestment (2015) / Chapter Skim
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ECONOMIC AND DEVELOPMENT IMPLICATIONS OF TRANSPORTATION DISINVESTMENT This synthesis addresses the economic implications of disinvestment (intentionally or unintentionally funding transportation facilities at levels below those required to maintain them in their current function) and focuses on ways that agencies can make decisions about disinvestment when funds are limited.
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2 • Fiscal constraints on agencies responsible for infrastructure, and • Climate change and its associated risks to infrastructure. Literature on how investing below target levels affects the economy includes studies on the costs of congestion, environmental damage, and safety risks to individuals and businesses using the transportation system.
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3 disinvestment situations are associated with changing traffic profiles and desired travel conditions (as found in the case examples of South Dakota and Connecticut)
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4 outcomes. However, the type of analysis varied from simply talking to businesses to engaging in formal impact modeling.
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