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An Economic Analysis Of Transportation Infrastructure Investment
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Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser
Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
Book Synopsis An Economic Analysis of Transportation Infrastructure Investment by : Jeffrey Zients
Download or read book An Economic Analysis of Transportation Infrastructure Investment written by Jeffrey Zients and published by . This book was released on 2014-08-23 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: A high quality transportation network is vital to a high performing economy. Investments by previous generations of Americans -- from the Erie Canal in 1807, to the Transcontinental Railroad in 1869, to the Interstate Highway System in the 1950s and 1960s -- put the country on a path for sustained economic growth, productivity increases, an unrivaled national market for goods and services, and international competitiveness. But today, America's transportation infrastructure is not keeping pace with demands or the needs of our economy. This report shows that the economic benefits of smart infrastructure investment are long-term competitiveness, productivity, innovation, lower prices, and higher incomes, while infrastructure investment also creates many thousands of American jobs in the near-term. It makes that case that Congress should avoid a lapse in funding of the Highway Trust fund which will go insolvent as early as August 2014, putting numerous active projects at risk. Tables and figures. This is a print on demand report.
Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser
Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.
Book Synopsis Economic Analysis of Infrastructure Investment by : Timothy F. Geithner
Download or read book Economic Analysis of Infrastructure Investment written by Timothy F. Geithner and published by DIANE Publishing. This book was released on 2011 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An economic analysis of transportation infrastructure investment by : National Economic Council (U.S.)
Download or read book An economic analysis of transportation infrastructure investment written by National Economic Council (U.S.) and published by . This book was released on 2014 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes the long-term economic benefits of transportation investment and why conditions in the infrastructure sector are ripe for innovation, with new technologies and approaches promising significant gains in productivity, efficiency, and resilience. The report has five parts. Part I discusses the long-term benefits from infrastructure investment, which include less road congestion, more reliable shipments and travel times, and higher land values and local economic development. Part II describes immediate job creation in key industries. Part III discusses infrastructure impacts on American families, including impacts on household costs, vehicle operating and maintenance costs, and health and safety. Part IV describes the current budgetary climate. Part V concludes by highlighting the GROW AMERICA Act, a four-year, 302 billion dollar proposal to fund the U.S. transportation system and invest in the nation's future growth. The President's plan addresses the nation's significant infrastructure investment gap through targeted investments now and lays the groundwork for increased efficiency in the future.
Book Synopsis Economic Role of Transport Infrastructure by : Claudio Ferrari
Download or read book Economic Role of Transport Infrastructure written by Claudio Ferrari and published by Elsevier. This book was released on 2018-10-23 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Role of Transport Infrastructure: Theory and Models helps evaluate the economic effects of transport infrastructure investments within a cost-benefit framework for maximum economic impact. The book analyzes the primary empirical approaches used to gauge the economic effects of transport infrastructures, providing in-depth discussions on data issues, input-output techniques, and econometric methodologies. Users will find empirical evidence organized from a transport mode point-of-view, inspiring researchers to conduct comparative analysis for various infrastructure projects. Topics cover infrastructure’s impact on economic growth using theoretical frameworks, including exogenous growth models, endogenous growth models, and new economic geography models. In addition, readers will also learn tips for conducting infrastructure impact studies and how to improve the effectiveness of infrastructural investments design. Explains and evaluates the economic effects of transport infrastructure investments, including direct and indirect, short and long run impact, and local and spillover outcomes Provides up-to-date coverage of quantitative techniques and empirical results for transportation and economic impact issues Explains the steps for conducting impact studies for proposed infrastructure projects Analyzes infrastructure’s role on economic growth through theoretical, methodological and empirical perspectives Features case studies describing real-world methods
Book Synopsis Engineering Economics and Finance for Transportation Infrastructure by : Elena S. Prassas
Download or read book Engineering Economics and Finance for Transportation Infrastructure written by Elena S. Prassas and published by Springer Science & Business Media. This book was released on 2013-06-13 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook provides a fundamental overview of the application of engineering economic principles to transportation infrastructure investments. Basic theory is presented and illustrated with examples specific to the transportation field. It also reviews the history of transportation finance, as well as current methods for funding transportation investments in the U.S. Future problems and potential solutions are also discussed and illustrated.
Author :U. S. Department of the Treasury Publisher :Createspace Independent Publishing Platform ISBN 13 :9781519773647 Total Pages :36 pages Book Rating :4.7/5 (736 download)
Book Synopsis A New Economic Analysis of Infrastructure Investment by : U. S. Department of the Treasury
Download or read book A New Economic Analysis of Infrastructure Investment written by U. S. Department of the Treasury and published by Createspace Independent Publishing Platform. This book was released on 2015-12-10 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: President Obama's FY 2013 Budget proposes a bold plan to renew and expand America's infrastructure. The plan includes a $50 billion up-front investment connected to a $476 billion six-year reauthorization of the surface transportation program and the creation of a National Infrastructure Bank. In support of this commitment, the Department of the Treasury, with the Council of Economic Advisers, has updated our analysis of the economic effects of infrastructure investment. The new data and analyses confirm and strengthen our finding that now is an ideal time to increase our investment in infrastructure for the following four key reasons: Well-designed infrastructure investments have long-term economic benefits and create jobs in the short run; This economic activity and job creation is especially timely as there is currently a high level of underutilized resources that can be used to improve and expand our infrastructure; Middle-class Americans would benefit disproportionately from this investment through both the creation of middle-class jobs and by lowering transportation costs for American households; and There is strong demand by the public and businesses for additional transportation infrastructure capacity.
Author :U. S. Department U.S. Department of the Treasury Publisher :CreateSpace ISBN 13 :9781512104066 Total Pages :36 pages Book Rating :4.1/5 (4 download)
Book Synopsis A New Economic Analysis of Infrastructure Investment by : U. S. Department U.S. Department of the Treasury
Download or read book A New Economic Analysis of Infrastructure Investment written by U. S. Department U.S. Department of the Treasury and published by CreateSpace. This book was released on 2015-05-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: President Obama's FY 2013 Budget proposes a bold plan to renew and expand America's infrastructure. The plan includes a $50 billion up-front investment connected to a $476 billion six-year reauthorization of the surface transportation program and the creation of a National Infrastructure Bank. In support of this commitment, the Department of the Treasury, with the Council of Economic Advisers, has updated our analysis of the economic effects of infrastructure investment. The new data and analyses confirm and strengthen our finding that now is an ideal time to increase our investment in infrastructure for the following four key reasons: Well-designed infrastructure investments have long-term economic benefits and create jobs in the short run; This economic activity and job creation is especially timely as there is currently a high level of underutilized resources that can be used to improve and expand our infrastructure; Middle-class Americans would benefit disproportionately from this investment through both the creation of middle-class jobs and by lowering transportation costs for American households; and There is strong demand by the public and businesses for additional transportation infrastructure capacity.
Book Synopsis Engineering Economic Analysis Practices for Highway Investment by : Michael J. Markow
Download or read book Engineering Economic Analysis Practices for Highway Investment written by Michael J. Markow and published by Transportation Research Board. This book was released on 2012 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis 424: Engineering Economic Analysis Practices for Highway Investment explores how U.S. transportation agencies have applied engineering economics--benefit–cost analyses and similar procedures--to decisions on highway investments.
Book Synopsis The Evaluation of Transportation Investment Projects by : Joseph Berechman
Download or read book The Evaluation of Transportation Investment Projects written by Joseph Berechman and published by Routledge. This book was released on 2010-05-26 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the world, the use of some kind of a formal transportation project evaluation procedure is a requirement. Yet, by and large, these are partial; in fact, much weight is often placed on the initial -pre-engineering -phases of the planning process, when vital information, such as accurate costs and demand projections, is largely missing. Moreover, many of these procedures neglect to consider key issues such as project’s risks, capital costs financing, latent demand, market imperfections, labor force availability and various incompatibilities between trip rates, travel times and activity location. As a result, projects, which are judged as viable under such deficient evaluation schemes, may have had a significantly different projection of capital costs and demand should a well-founded, thorough, and efficient evaluation process be used. Against this background, this book’s main objective is to construct a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects. Such a framework is founded on four key principles. It is based on well-established economic, transportation and policy-analysis theoretical principles; it is comprehensive enough to encompass all relevant evaluation issues; it is applicable to a wide range of transportation investment projects; and it is amenable to empirical application including a sensitivity analysis and alternative scenarios regarding urban, regional and national developments.
Download or read book Economics in Asset Management written by and published by . This book was released on 2003 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transportation Asset Management (TAM) is a strategic approach to maximize the benefits from resources used to operate, expand, and preserve the transportation infrastructure. It takes a long-term perspective of infrastructure performance and cost, and considers investment options in a comprehensive and informed way. TAM integrates the various disciplines related to infrastructure management, including planning, engineering, economics, and budgeting. It is systematic and fact based, and therefore dependent on good information and analytical capabilities. Economic analysis plays a critical role in TAM by facilitating tradeoff analysis, in which the net benefits of competing investment options are compared in terms of their "dollars and cents" impact on the public. Information from the analysis feeds back to planners and engineers, allowing them to identify the most beneficial investments.
Book Synopsis Transport Investment and Economic Development by : David Banister
Download or read book Transport Investment and Economic Development written by David Banister and published by Routledge. This book was released on 2003-08-29 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes a major contribution to the debate and is directed at researchers, decision makers and students who are interested in the wider economic development impacts of transport.
Book Synopsis Highway Infrastructure and the Economy by : Howard J Shatz
Download or read book Highway Infrastructure and the Economy written by Howard J Shatz and published by Rand Corporation. This book was released on 2011-05 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: To inform debate on a new transportation bill being considered, the authors review the literature on the economic outcomes of highway infrastructure spending, which constitutes the largest share of federal spending on transportation infrastructure. They highlight the connections between highway spending and the economy and then analyze the literature to trace the effects of highway infrastructure on productivity, output, and employment.
Author :National Research Council (U.S.). Transportation Research Board Publisher :Transportation Research Board ISBN 13 :9780309071246 Total Pages :164 pages Book Rating :4.0/5 (712 download)
Book Synopsis Information Requirements for Transportation Economic Analysis by : National Research Council (U.S.). Transportation Research Board
Download or read book Information Requirements for Transportation Economic Analysis written by National Research Council (U.S.). Transportation Research Board and published by Transportation Research Board. This book was released on 2000 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conference participants sought to identify gaps in the data and analytic tools needed to support economic analysis as related to transportation investment and to develop research proposals designed to fill those gaps. The opening day of the conference featured presentations by economists, transportation analysts, and policy makers on the theory and practice of economic analysis and its usefulness to decision makers. The second and third days of the conference revolved around participatory workshops. Six separate working groups deliberated over three questions: (1) What is the appropriate level of investment in transportation to encourage economic health? (2) How should projects be prioritized within a multimodal transportation program? (3) How much revenue is likely to flow from user charges, tolls, and other sources? At the conclusion of its deliberations, each working group developed a list of research proposals, which it then presented to the conference as a whole.
Book Synopsis Transport Infrastructure by : Roger Stough
Download or read book Transport Infrastructure written by Roger Stough and published by Edward Elgar Publishing. This book was released on 2002 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a set of 37 classic readings in the literature that show the development of analysis in the field of transport infrastructure. Readings are arranged into five sections: foundation papers; infrastructure and economic development; infrastructure networks; infrastructure measurement and evaluation; and case studies. Contributions are drawn from such publications as Journal of Monetary Economics; Economic Journal, Regional and Urban Economics, Journal of Political Economy, Review of Economics and Statistics, Empirical Economics, Regional Science and Urban Economics, New England Economic Review, Policy Studies Journal, Scandinavian Journal of Economics, and Journal of Transport Economics and Policy, among others, as well as a few books. Contributions range from one written in 1929 to 1999. Lacks a subject index. Annotation copyrighted by Book News, Inc., Portland, OR
Book Synopsis ITF Round Tables The Wider Economic Benefits of Transport Macro-, Meso- and Micro-Economic Transport Planning and Investment Tools by : International Transport Forum
Download or read book ITF Round Tables The Wider Economic Benefits of Transport Macro-, Meso- and Micro-Economic Transport Planning and Investment Tools written by International Transport Forum and published by OECD Publishing. This book was released on 2008-07-08 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Round Table challenges the standard cost-benefit analysis of transport infrastructure investment projects on the grounds that it ignores wider economic impacts of such projects.
