USAGE-Hwy 1.2 for Highway Policy Analysis

The USAGE-Hwy model enables FHWA to understand the macroeconomic impacts of highway investments in U.S. over 30 years, as measured in GDP, productivity and employment. The model was specifically built to represent national economic structure, while incorporating highway specific outputs from FHWA's engineering-economic HERS model scenarios. The model can evaluate a range of highway investment policy options, including the level and timing of investments, and funding strategies under different economic conditions. The USAGE-Hwy model is a customized general equilibrium model allowing feedbacks from other parts of economy, and hence provides a complete picture of dynamic impacts of highway policies across the whole economy. In addition to utilizing the model for policy analyses, this activity will develop USAGE-Hwy v1.2 to enable distinct analyses of rural and urban areas as well as keep the model up to date with overall evolution in the U.S. economy.

• Supplemental Notes:
  • USDOT Research Hub DisplayID 157729

Language

• English

Project

• Status: Active
• Funding: $500000
• 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: 20200504
• Expected Completion Date: 20250503
• Actual Completion Date: 0
• USDOT Program: Policy Analysis
• Subprogram: Transportation and the Economy

Subject/Index Terms

• TRT Terms: Highways; Investments; Macroeconomics; Policy
• Subject Areas: Economics; Highways; Policy;

Filing Info

• Accession Number: 01869529
• Record Type: Research project
• Source Agency: Department of Transportation
• Files: RIP, USDOT
• Created Date: Jan 3 2023 1:53PM