Analysis and Validation of Historical Transportation Investment

The North Carolina Department of Transportation (NCDOT) incorporates economic competiveness as one of the criteria for prioritizing transportation projects and uses the Transportation Economic Development Impact System (TREDIS) to quantify the economic impact of capacity expansion highway projects as part of project prioritization. This proposal presents a project involving structured research that will document and quantify the long-term economic impact of major highway expansion projects specifically derived from projects completed as part of the 1989 Highway Trust Fund Act. The proposed study will provide NCDOT with these deliverables: (1) Evidence-based case studies associated with past Highway Trust Fund projects that helps demonstrate their economic benefits and impacts and communicate them to primary stakeholders of NCDOT; and (2) An ability for NCDOT to submit case studies to the American Association of State Highway and Transportation Officials' (AASHTO’s) new EconWorks initiative. EconWorks will become a national repository for case studies (replacing or exceeding the Strategic Highway Research Program's (SHRP’s) Transportation Project Impact Case Studies (TPICS) site) & potentially a more data rich analysis for states to draw from, thereby increasing the national stature and recognition of the transportation investment work being done in NC.

Language

• English

Project

• Status: Completed
• Funding: $194385
• Contract Numbers:

  FHWA/NC/2017-22

• Sponsor Organizations:

  North Carolina Department of Transportation

  Research and Development
  1549 Mail Service Center
  Raleigh, NC  United States  27699-1549
• Managing Organizations:

  North Carolina Department of Transportation

  Research and Development
  1549 Mail Service Center
  Raleigh, NC  United States  27699-1549
• Project Managers:

  Kirby, John

• Performing Organizations:

  North Carolina State University, Raleigh

  Institute for Transportation Research and Education
  Campus Box 8601
  Raleigh, NC  United States  27695-8601
• Principal Investigators:

  Martin, James

• Start Date: 20160801
• Expected Completion Date: 20180731
• Actual Completion Date: 0

Subject/Index Terms

• TRT Terms: Case studies; Construction projects; Economic benefits; Highway capacity; Investments
• Identifier Terms: Highway Trust Fund; North Carolina Department of Transportation
• Geographic Terms: North Carolina
• Subject Areas: Administration and Management; Economics; Highways; Planning and Forecasting;

Filing Info

• Accession Number: 01611919
• Record Type: Research project
• Source Agency: North Carolina Department of Transportation
• Contract Numbers: FHWA/NC/2017-22
• Files: RIP, STATEDOT
• Created Date: Sep 26 2016 10:02AM