Author: James S. Gillespie
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 8
Book Description
The Transportation Planning Division (TPD) of the Virginia Department of Transportation (VDOT) is currently considering seven corridors along which VDOT may build the future Interstate 73. The division describes these seven routes and their variants in a report entitled Possible Interchange Locations/Potential I-73 Corridors (December 1993). The purpose of this technical assistance project is to estimate the impact that construction of I-73 along any one of these corridors would have on the state's economy. The project estimates the economic impact by two different methods. The first method, called the "Exits" method in this report, is undertaken in cooperation with the Virginia Employment Commission (VEC)'s Economic Information Services Division. A published study of development around the interchanges along I-95 in North Carolina forms the basis for predicting the number and types of business establishments that would be attracted to each interchange along each proposed corridor. VEC's IMPLAN computer model uses these predictions to forecast the impact on employment and income for each corridor under consideration. A separate fifteen-page report, An Economic Impact Analysis of the Potential Interstate 73 Corridors (VEC/EISD, February 1994), describes the first method and its results. The second method, called the "Dollar" method in this report, assigns a dollar value to the existing highway net in the localities affected by each of the corridors under consideration; the value is equal to estimated replacement cost. A productivity multiplier or "elasticity" value is selected from the range of such values estimated in recent research efforts. The magnitude of the projected cost for the future I-73 in comparison with the value of the existing road net, together with the chosen elasticity, determines for each corridor an estimate of the impact on taxable sales and adjusted gross income in each locality through which I-73 would pass, and an estimate of the impact on taxable sales and adjusted gross income in the state as a whole. A six-page report, Interstate 73 Economic Impact Analysis Part 2 (VDOT/VTRC, February 1992), describes the second method and its results. This third report summarizes the findings of this project. First it translates the forecasts from the first two reports into equivalent terms so that the forecast quantities can be compared. Next it discusses, and attempts to explain, the evident differences between the forecasts. Finally it suggests using a weighted average of the two sets of forecasts to create a best low-end, middle, and high-end forecast for each potential I-73 corridor from among the numbers generated. Tables V, VI, and VII attached to this report give the low, middle, and high forecasts of each potential corridor's impact on employment, total employee compensation, taxable sales, and adjusted gross income.
Interstate 73 Economic Impact Analysis
Author: James S. Gillespie
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 8
Book Description
The Transportation Planning Division (TPD) of the Virginia Department of Transportation (VDOT) is currently considering seven corridors along which VDOT may build the future Interstate 73. The division describes these seven routes and their variants in a report entitled Possible Interchange Locations/Potential I-73 Corridors (December 1993). The purpose of this technical assistance project is to estimate the impact that construction of I-73 along any one of these corridors would have on the state's economy. The project estimates the economic impact by two different methods. The first method, called the "Exits" method in this report, is undertaken in cooperation with the Virginia Employment Commission (VEC)'s Economic Information Services Division. A published study of development around the interchanges along I-95 in North Carolina forms the basis for predicting the number and types of business establishments that would be attracted to each interchange along each proposed corridor. VEC's IMPLAN computer model uses these predictions to forecast the impact on employment and income for each corridor under consideration. A separate fifteen-page report, An Economic Impact Analysis of the Potential Interstate 73 Corridors (VEC/EISD, February 1994), describes the first method and its results. The second method, called the "Dollar" method in this report, assigns a dollar value to the existing highway net in the localities affected by each of the corridors under consideration; the value is equal to estimated replacement cost. A productivity multiplier or "elasticity" value is selected from the range of such values estimated in recent research efforts. The magnitude of the projected cost for the future I-73 in comparison with the value of the existing road net, together with the chosen elasticity, determines for each corridor an estimate of the impact on taxable sales and adjusted gross income in each locality through which I-73 would pass, and an estimate of the impact on taxable sales and adjusted gross income in the state as a whole. A six-page report, Interstate 73 Economic Impact Analysis Part 2 (VDOT/VTRC, February 1992), describes the second method and its results. This third report summarizes the findings of this project. First it translates the forecasts from the first two reports into equivalent terms so that the forecast quantities can be compared. Next it discusses, and attempts to explain, the evident differences between the forecasts. Finally it suggests using a weighted average of the two sets of forecasts to create a best low-end, middle, and high-end forecast for each potential I-73 corridor from among the numbers generated. Tables V, VI, and VII attached to this report give the low, middle, and high forecasts of each potential corridor's impact on employment, total employee compensation, taxable sales, and adjusted gross income.
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 8
Book Description
The Transportation Planning Division (TPD) of the Virginia Department of Transportation (VDOT) is currently considering seven corridors along which VDOT may build the future Interstate 73. The division describes these seven routes and their variants in a report entitled Possible Interchange Locations/Potential I-73 Corridors (December 1993). The purpose of this technical assistance project is to estimate the impact that construction of I-73 along any one of these corridors would have on the state's economy. The project estimates the economic impact by two different methods. The first method, called the "Exits" method in this report, is undertaken in cooperation with the Virginia Employment Commission (VEC)'s Economic Information Services Division. A published study of development around the interchanges along I-95 in North Carolina forms the basis for predicting the number and types of business establishments that would be attracted to each interchange along each proposed corridor. VEC's IMPLAN computer model uses these predictions to forecast the impact on employment and income for each corridor under consideration. A separate fifteen-page report, An Economic Impact Analysis of the Potential Interstate 73 Corridors (VEC/EISD, February 1994), describes the first method and its results. The second method, called the "Dollar" method in this report, assigns a dollar value to the existing highway net in the localities affected by each of the corridors under consideration; the value is equal to estimated replacement cost. A productivity multiplier or "elasticity" value is selected from the range of such values estimated in recent research efforts. The magnitude of the projected cost for the future I-73 in comparison with the value of the existing road net, together with the chosen elasticity, determines for each corridor an estimate of the impact on taxable sales and adjusted gross income in each locality through which I-73 would pass, and an estimate of the impact on taxable sales and adjusted gross income in the state as a whole. A six-page report, Interstate 73 Economic Impact Analysis Part 2 (VDOT/VTRC, February 1992), describes the second method and its results. This third report summarizes the findings of this project. First it translates the forecasts from the first two reports into equivalent terms so that the forecast quantities can be compared. Next it discusses, and attempts to explain, the evident differences between the forecasts. Finally it suggests using a weighted average of the two sets of forecasts to create a best low-end, middle, and high-end forecast for each potential I-73 corridor from among the numbers generated. Tables V, VI, and VII attached to this report give the low, middle, and high forecasts of each potential corridor's impact on employment, total employee compensation, taxable sales, and adjusted gross income.
Interstate 73 Economic Impact Analysis, Part 2
Author: James S. Gillespie
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 6
Book Description
The Transportation Planning Division of the Virginia Department of Transportation (VDOT) is currently considering seven corridors along which VDOT may build the future Interstate 73. The purpose of this technical assistance project is to estimate the impact that construction of I-73 along any one of these corridors would have on the state's economy.
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 6
Book Description
The Transportation Planning Division of the Virginia Department of Transportation (VDOT) is currently considering seven corridors along which VDOT may build the future Interstate 73. The purpose of this technical assistance project is to estimate the impact that construction of I-73 along any one of these corridors would have on the state's economy.
Technical Assistance Report
Author: James S. Gillespie
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 106
Book Description
This study assessed the probable economic impact of the future Interstate 73 along each of twelve alternative corridors that were proposed for the new highway. The contents of this report were originally distributed in four parts during February and March 1994. The Executive Summary is the edited version of a briefing paper that the Virginia Transportation Research Council (VTRC) produced for the Commonwealth Transportation Board's (CTB's) March 1994 meeting. The second and third parts, originally issued separately as VTRC 94-TAR9 and VTRC 94-TAR10, form the two main sections of this report, "Methodology and Results" and "Summary and Synthesis". The first part of an earlier economic study, which the Economic Information Services Division of the Virginia Employment Commission (VEC) submitted to the Virginia Department of Transportation's Transportation Planning Division in February, is reproduced here as Appendix A without alteration.
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 106
Book Description
This study assessed the probable economic impact of the future Interstate 73 along each of twelve alternative corridors that were proposed for the new highway. The contents of this report were originally distributed in four parts during February and March 1994. The Executive Summary is the edited version of a briefing paper that the Virginia Transportation Research Council (VTRC) produced for the Commonwealth Transportation Board's (CTB's) March 1994 meeting. The second and third parts, originally issued separately as VTRC 94-TAR9 and VTRC 94-TAR10, form the two main sections of this report, "Methodology and Results" and "Summary and Synthesis". The first part of an earlier economic study, which the Economic Information Services Division of the Virginia Employment Commission (VEC) submitted to the Virginia Department of Transportation's Transportation Planning Division in February, is reproduced here as Appendix A without alteration.
I-73 Location Study Between Roanoke and the North Carolina State Line, Bedford, Botetourt, Franklin, Henry and Roanoke Counties
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 524
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 524
Book Description
Commonwealth Transportation Board Briefing
Author: Gary R. Allen
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 12
Book Description
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 12
Book Description
I-73 Location Study Between Roanoke and the North Carolina State Line, Bedford, Botetourt, Franklin, Henry and Roanoke Counties
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 544
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 544
Book Description
Economic and Social Effects of Highways
Author: United States. Federal Highway Administration
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 120
Book Description
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 120
Book Description
Social and Economic Effects of Highways
Author: United States. Federal Highway Administration. Socio-Economic Studies Division
Publisher:
ISBN:
Category : Clinical psychology
Languages : en
Pages : 196
Book Description
Publisher:
ISBN:
Category : Clinical psychology
Languages : en
Pages : 196
Book Description
Interstate 40 Economic Impact Study
Author:
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 118
Book Description
Publisher:
ISBN:
Category : Express highways
Languages : en
Pages : 118
Book Description
Economic Impact Analysis of Proposed Testing Regulations for Chloromethane and Chlorobenzenes
Author: David Mayo
Publisher:
ISBN:
Category : Chlorobenzene
Languages : en
Pages : 160
Book Description
Publisher:
ISBN:
Category : Chlorobenzene
Languages : en
Pages : 160
Book Description