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The Effects of Highway Improvement Projects on Nearby Business Activity

The Effects of Highway Improvement Projects on Nearby Business Activity PDF Author: Noah Wexler
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 0

Book Description
This report analyzes how state-funded highway improvement projects in the seven county Twin Cities metropolitan area affected businesses in adjacent Census Tracts. We first identify demographic factors associated with the temporal and financial prioritization of some projects over others, finding that the per capita income of a Census Tract is associated with it featuring more heavily prioritized highway improvement construction. We then turn to the effects of highway improvement construction and operation, using results from the previous analysis to account for endogeneity of improvement timing. While we find largely null results of highway improvement on sales, employment, establishment counts, and turnover for both single-establishment and multiple-establishment firms, we also find that pooling data masks several sources of effect heterogeneity. Specifically, we find that single-establishment firms experience negative sales effects from construction when tracts are affected only by infrastructure replacement projects (improvements that do not affect traffic operations, i.e., a bridge replacement). Furthermore, negative sales and employment effects occur after construction is completed for single-establishment firms in urban areas and in tracts affected by longer bouts of construction. Meanwhile, in suburban areas, some modest gains accrue to multiple-establishment firms. These results suggest that regional planners need to account for potential externalities from highway construction on particularly nearby small business establishments.

The Effects of Highway Improvement Projects on Nearby Business Activity

The Effects of Highway Improvement Projects on Nearby Business Activity PDF Author: Noah Wexler
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 0

Book Description
This report analyzes how state-funded highway improvement projects in the seven county Twin Cities metropolitan area affected businesses in adjacent Census Tracts. We first identify demographic factors associated with the temporal and financial prioritization of some projects over others, finding that the per capita income of a Census Tract is associated with it featuring more heavily prioritized highway improvement construction. We then turn to the effects of highway improvement construction and operation, using results from the previous analysis to account for endogeneity of improvement timing. While we find largely null results of highway improvement on sales, employment, establishment counts, and turnover for both single-establishment and multiple-establishment firms, we also find that pooling data masks several sources of effect heterogeneity. Specifically, we find that single-establishment firms experience negative sales effects from construction when tracts are affected only by infrastructure replacement projects (improvements that do not affect traffic operations, i.e., a bridge replacement). Furthermore, negative sales and employment effects occur after construction is completed for single-establishment firms in urban areas and in tracts affected by longer bouts of construction. Meanwhile, in suburban areas, some modest gains accrue to multiple-establishment firms. These results suggest that regional planners need to account for potential externalities from highway construction on particularly nearby small business establishments.

Model for Predicting the Impact Upon Economic Development Resulting from Highway Improvement Projects

Model for Predicting the Impact Upon Economic Development Resulting from Highway Improvement Projects PDF Author: Eric C. Thompson
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 54

Book Description


Social and Economic Effects of Highways

Social and Economic Effects of Highways PDF Author: United States. Federal Highway Administration. Office of Program and Policy Planning
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 268

Book Description


Economic and Social Effects of Highway Improvements

Economic and Social Effects of Highway Improvements PDF Author: E. Clark Rowley
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 140

Book Description


Economic and Social Effects of Highways

Economic and Social Effects of Highways PDF Author: United States. Federal Highway Administration
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 120

Book Description


The Economic and Social Effects of Highway Improvement

The Economic and Social Effects of Highway Improvement PDF Author: Virginia Council of Highway Investigation and Research
Publisher:
ISBN:
Category : Highway research
Languages : en
Pages : 128

Book Description


Economic Impact of Highway Improvement

Economic Impact of Highway Improvement PDF Author: United States. Bureau of Public Roads
Publisher:
ISBN:
Category : Highway research
Languages : en
Pages : 40

Book Description


Economic Effects of Highway Bypasses on Business Activities in Small Cities

Economic Effects of Highway Bypasses on Business Activities in Small Cities PDF Author: Reijo Helaakoski
Publisher:
ISBN:
Category : Cities and towns
Languages : en
Pages : 92

Book Description
This report presents an analysis of the effects of highway bypasses on the business activities of a sample of small Texas cities. An initial explanatory analysis (using a before-and-after method, matched pairs, and projected development) did not reveal a significant relationship between highway bypass construction and a change in business volumes. It can be concluded that business volumes in the more rapidly growing cities with imperfect infrastructure and relatively high local traffic benefit from highway bypass construction. On the other hand, initial econometric modeling demonstrated that a highway bypass can have a statistically significant negative effect on business volumes in the small Texas cities that were studied. The results of the econometric modeling show that the way in which a business community responds to a highway bypass is complex. The major factor determining business volumes is the city's population.

Assessing the Effects of Highway-widening Improvements on Urban and Suburban Areas

Assessing the Effects of Highway-widening Improvements on Urban and Suburban Areas PDF Author: Thomas Nelson Harvey
Publisher: Transportation Research Board
ISBN: 9780309058650
Category : Environmental impact analysis
Languages : en
Pages : 56

Book Description
This synthesis will be of interest to highway environmental specialists (particularly those concerned with assessing social and economic impacts), design engineers, planners, utility managers, and others responsible for the planning, design, and implementation of highway-widening improvements. Information is presented on the reasons for highway-widening projects, the nature of the projects, and the methods and practices for application of analytical techniques used to measure the potential or actual impacts of the projects on people and the physical environment. Mitigation measures are also discussed. This report of the Transportation Research Board describes the most recent widening projects as reported by states or other transportation agencies, as well as the most frequently encountered issues in highway widening. Selected examples of widening projects are included, as is some recognition of the need for additional information and research in the areas of social and economic impact measurement.

Social and Economic Effects of Highways

Social and Economic Effects of Highways PDF Author: United States. Federal Highway Administration. Socio-Economic Studies Division
Publisher:
ISBN:
Category : Clinical psychology
Languages : en
Pages : 196

Book Description