Transcription of Evaluating Transportation Economic Development Impacts
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Evaluating Transportation Economic Development Impacts
250-360-1560 Todd Litman 2010-2017 You are welcome and encouraged to copy, distribute, share and excerpt this document and its ideas, provided the author is given attribution. Please send your corrections, comments and suggestions for improvement. Evaluating Transportation Economic Development Impacts Understanding How transport Policy and Planning Decisions Affect Employment, Incomes, Productivity, Competitiveness, Property Values and Tax Revenues 18 July 2017 Todd Litman Victoria transport Policy Institute Transportation planning decision affect Economic Development in many ways: by influencing the connections between resources, workers, businesses and customers; by influencing consumer expenditures; and by affecting land use Development location and intensity.
more accessible and multi-modal land use policies probably increase economic productivity. Conventional transport economic evaluation does not recognize these factors; it generally assumes that increased vehicle travel, and therefore polices that stimulate vehicle travel, are economically beneficial overall.
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