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Economic Impact Analysis

Economic Impact Analysis refers to the effects of transportation investments on the economy, as we carefully examine how transportation projects affect regional or national productivity, business competitiveness and economic growth. Economic impact analysis is well practiced in the USA, and is becoming more practiced in other parts of the world.

SHRP2 - Measuring Economic Impacts from Transport Projects

Performed in conjunction with the US SHRP (Strategic Highway Research Program), this project, referred to as SHRP2, was based on the economic impacts from transport projects, with a particular emphasis on roads. Impacts were estimated from a selection of 100 projects, using regression and other forms of statistical analyses (e.g., confidence intervals and ANOVA - Analysis of Variance). 

Estimating Economic Benefits and Impacts for the Chicago Metropolitan Public Transport Program

This project, performed under subcontract to EDR Group, included the evaluation of light rail alternatives and its benefits in terms of additional output (GDP), jobs, wages, modal split, and other factors. 

California High Speed Rail Economic Impact and Feasibility Study

Performed under subcontract to EDR Group, this project dealt with the design and construction of a high-speed rail link between San Francisco and Los Angeles. The study included economic analyses on various configurations and alternatives on ‘with’ and ‘without’ project alternatives, and economic and financial analysis. 

Cost of Highway Limitations and Travel Delay to Oregon’s Economy

Performed for the Oregon Business Alliance under subcontract to EDR Group, this project including estimating economic development impacts, performing multi-modal analysis, and evaluating the economic feasibility of various network configurations. 

Developing Tax Impact Evaluation Software

Performed for EDR Group, and presented at the TRB (Transportation Research Board) Annual Conference in Washington DC., this project focused on developing evaluation software to measure the economic tax impacts of new transportation projects. This software was included as a new module within the TREDIS economic development software.

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