A Synthesis of Economic Impact Assessment of Transit Services

The objective of this study is to review recent literature about the economic cost-benefits analysis and economic impact assessments of public transportation, including assessment criteria and methodologies, and other major findings. The research team will conduct a detailed quantitative analysis of economic impacts of public transportation investments by geographic location and by different time periods in the US based on previous studies.

Language

• English

Project

• Status: Completed
• Funding: $72899
• Contract Numbers:

  BED31 977-21

• Sponsor Organizations:

  Florida Department of Transportation

  Research Center
  605 Suwannee Street MS-30
  Tallahassee, FL  United States  32399-0450
• Project Managers:

  Wiglesworth, Chris

• Performing Organizations:

  Florida Department of Transportation

  Research Center
  605 Suwannee Street MS-30
  Tallahassee, FL  United States  32399-0450
• Principal Investigators:

  Peng, Zhong-Ren

• Start Date: 20230623
• Expected Completion Date: 20240329
• Actual Completion Date: 20240412

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Economic impacts; Investments; Public transit
• Subject Areas: Economics; Public Transportation;

Filing Info

• Accession Number: 01885901
• Record Type: Research project
• Source Agency: Florida Department of Transportation
• Contract Numbers: BED31 977-21
• Files: RIP, STATEDOT
• Created Date: Jun 23 2023 12:16PM