Highway Investments and Land Value

This activity will enable the measurement of the contribution and distribution of highway investments on local and regional economies. These economic contributions and distribution are not captured in traditional benefit-cost analysis. With increasing recognition of the role of highways in achieving equity and livability, it is important to understand the multifaceted effects of highway investments in different communities. This activity will develop an empirical framework to analyze the impact of highway investment strategies in stimulating and sustaining local and regional economies, and the framework can be expanded to include business activities and other economic benefits. This activity will use advanced data source and sophisticated econometric approaches to evaluate the relationships between highway investments and residential land values, as well as the distribution of land value change across different demographic groups.

• Supplemental Notes:
  • USDOT Research Hub DisplayID 157360

Language

• English

Project

• Status: Active
• Funding: $486001.00
• Sponsor Organizations:

  Federal Highway Administration

  ,    
• Managing Organizations:

  Federal Highway Administration

  Office of Transportation Policy Studies
  Washington, DC  United States  20590
• Project Managers:

  Yu, Bingxin

• Start Date: 20210716
• Expected Completion Date: 20230114
• Actual Completion Date: 0
• USDOT Program: Policy Analysis
• Subprogram: Transportation and the Economy

Subject/Index Terms

• TRT Terms: Econometrics; Economic impacts; Highways; Investments; Land values
• Subject Areas: Economics; Finance; Highways; Policy;

Filing Info

• Accession Number: 01869527
• Record Type: Research project
• Source Agency: Department of Transportation
• Files: RIP, USDOT
• Created Date: Jan 3 2023 1:53PM