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Economic Modelling & Research

Economic Modelling & 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 modelling 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. 

 Sample Projects

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 in the US

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 the Federal Highway Administration’s HERS-ST (Highway Economic Requirements System – States Version), STEAM (Surface Transport Efficiency Analysis Model) software program, and the EPA’s (Environmental Protection Agency) MOBILE Vehicle Emission Modelling Software.

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 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. 


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