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Economic Modeling & Research

For the majority of our clients, we generate economic models for each project’s specific needs, based on literature reviews, specific know-how, and close interaction with our clients. We then develop economic models to demonstrate the value and effectiveness of each project, presenting clients with the facts and figures they need towards better decision making. Our market research is often cross-referenced with our other areas of expertise, including transport, energy, environmental, education and R&D. 


Economikr has years of experience in economic modeling and related project research. Having performed hundreds of projects that generate economic models, we know what makes for a successful project. This is reflected by presenting clients with robust and realistic model(s) of the expected project outcomes.

Junction Analysis Model for the US Federal Highway Administration

Implemented in the computer software, this US federal government project included modelling various types of junctions and interchanges, and providing estimations on the delay and pass-through times of each junction type. 

Estimating Economic Parameters for Railway Road Grade Crossings

Carried out for the US Federal Rail Administration, this project focused on evaluating the economic benefits of several types of transport projects, including estimating accident costs, environmental coefficients, value of time and vehicle operating costs. Further, this project used a variety of tools, including HERS-ST, STEAM, and MOBILE.

Economic Profitability Analysis of Traffic Safety Improvements in Accident Reduction in Israel

Funded by the Israel Ministry of Transportation and Road Safety, the project developed economic criteria and created an economic model for evaluating investments in traffic safety, both in urban and interurban areas. Further, the project developed transport policies with regard to road accidents, and integrating the above factors into computer software. 

Economic Evaluation of the Superpave Road Rehabilitation Technique in Israel 

Performed for the National Roads Company of Israel, a government-owned corporation in charge of planning, construction, and maintenance of most of the road structure in Israel. The project included an engineering/economic analysis of the superpave road rehabilitation technique, to examine its applicability to Israeli road conditions, using engineering deterioration curves and economic analysis.  

Externalities of Truck Loading and Transportation in Israel

Funded by the Ministry of Transportation and Road Safety, this project included externality analysis, pricing, economic evaluation, and determining the optimal tariff to levy on various types of trucks. This project was implemented as a transportation policy by the Israeli government. 

Estimation of Roughness Effects on Vehicle Operating Costs in Israel

Performed for the Israel Ministry of Transportation and Road Safety, this project was implemented on congested urban roads in Tel Aviv, using HDM-4, and included developing a scale factor of increasing VOC as a function of roughness and speed parameters. 

Evaluating Safety Impacts of Interurban Roundabouts in Israel

This project was based on literature surveys and related data, including before/after analysis of interurban roundabout projects and the breakdown into various types of road accidents and associated casualties. 

Economic Analysis of New Vehicle Types on a Rural Road (Eskdalemuir) in Scotland

This project focused on economic analysis of new type of truck (lorry) designed to transport timber. Performed for Roughton International, under subcontract to ITINERIS Global, a Colombian infrastructure company.


economic feasibility, economic feasibility study, transport economics, energy economics, environmental economics, economic consultant, economic consultancy, economic analysis, master plans, asset management systems, pavement management systems, economic evaluation, ranking and optimization, demand and supply assessment, demand and supply forecasting, economic modeling and research, benefit/cost analysis, economic performance indicators, development impact, investment optimization, economic models, engineering models, multi-modal analysis, forecasting tools, economic appraisal and evaluation, Pavement Management Systems, Road Management Systems, Port Management Systems, Bridge Management Systems, budget analyses, cost-benefit analyses, evaluation of transport infrastructure, market structure assessments, project planning and budget prioritization programs, prioritization, ranking, World Bank, HDM, economic impact analysis, road safety