Economic Impacts of Transportation Infrastructure Investments

The purpose of this project is to identify optimal transportation investment strategies that maximize the economic returns for the entire Mid-Atlantic region, considering both traditional and technological investments. Toward this end, the study has four main objectives: (1) Compile a unique database of county-level economic outcomes, historic annual transportation investments by type, including both traditional (i.e., construction and maintenance of roads) and technological (e.g., fiber optic cables for infrastructure). This database will be assembled from multiple sources including U.S. and local Census data, Departments of Transportation (DOTs) of states in the study region, and local governments. (2) Develop a spatial econometric model that describes multiple economic indicators at the geographic resolution of a county as a function of different types of transportation investments made within the region, after controlling for key socio-demographics. (3) Explore and quantify the moderating influence of urban land-use patterns and transportation network connectivity on the impact of transportation investments. (4) Quantify the direct (i.e., change in economic outcomes in a county due to changes in transportation investments in the same county), indirect (change in economic outcomes in a county due to changes in transportation investments in neighboring counties), and total effect of transportation investments on economic outcomes.

• Supplemental Notes:
  • PSU Fed Share $99,310, PennDOT MATCH $98,571.98

Language

• English

Project

• Status: Active
• Funding: $197882
• Contract Numbers:

  69A3551847103

• Sponsor Organizations:

  Office of the Assistant Secretary for Research and Technology

  University Transportation Centers Program
  Department of Transportation
  Washington, DC  United States  20590
• Managing Organizations:

  Center for Integrated Asset Management for Multimodal Transportation Infrastructure Systems (CIAMTIS)

  Pennsylvania State University
  University Park, PA  United States  16802
• Project Managers:

  Donnell, Eric

• Performing Organizations:

  Pennsylvania State University, University Park

  Thomas D. Larson Pennsylvania Transportation Institute
  Research Office Building
  University Park, PA  United States  16802-4710
• Principal Investigators:

  Guler, Ilgin

  Gayah, Vikash

• Start Date: 20220103
• Expected Completion Date: 20230603
• Actual Completion Date: 0
• USDOT Program: University Transportation Centers

Subject/Index Terms

• TRT Terms: Databases; Econometric models; Economic impacts; Investments; Land use models
• Subject Areas: Data and Information Technology; Economics; Transportation (General);

Filing Info

• Accession Number: 01832383
• Record Type: Research project
• Source Agency: Center for Integrated Asset Management for Multimodal Transportation Infrastructure Systems (CIAMTIS)
• Contract Numbers: 69A3551847103
• Files: UTC, RIP
• Created Date: Jan 11 2022 4:51PM