Quantifying Economic Benefits for Rail Infrastructure Projects

This project identifies metrics for measuring the benefit of rail infrastructure projects for key stakeholders. It is important that stakeholders with an interest in community economic development play an active role in the development of the rail network. Economic development activities in both rural and urban settings are essential if a nation is to realize growth and prosperity. Many communities have developed goals and visions to establish an economic development program, but they often fail to achieve their goals due to uncertainties during the project selection and planning process. Communities often select a project from a vast pool of ideas with only limited capital available for investment. Selecting the right project at the right time becomes imperative for economic and community development. This process is significantly hampered by limited methods for quantifying the economic benefit to key stakeholders.

    Language

    • English

    Project

    • Status: Active
    • Funding: $29800.00
    • Contract Numbers:

      DTRT12-G-UTC07

    • Sponsor Organizations:

      Research and Innovative Technology Administration

      University Transportation Centers Program
      1200 New Jersey Avenue
      Washington, DC  United States  20590
    • Performing Organizations:

      Missouri University of Science & Technology, Rolla

      Department of Engineering
      202 University Center
      Rolla, MO    65409
    • Principal Investigators:

      Betak, John

      Myers, John

      Qin, Ruwen

      Long, Suzanna

    • Start Date: 20130701
    • Expected Completion Date: 0
    • Actual Completion Date: 20141231
    • Source Data: RiP Project 34784

    Subject/Index Terms

    Filing Info

    • Accession Number: 01487950
    • Record Type: Research project
    • Source Agency: Mid-America Transportation Center
    • Contract Numbers: DTRT12-G-UTC07
    • Files: UTC, RiP
    • Created Date: Jul 24 2013 1:01AM