economic impacts

What’s the best policy for managing spillover parking?

By Chris McCahill A new study in Transportation Research Part B suggests that while minimum and maximum parking requirements can be effective in some ways at managing spillover parking, they are anything but a one-size-fits-all approach. Using economic models, researchers tested the effects of

VMT growth continued, slowed in 2016

By Chris McCahill The total number of vehicle miles traveled (VMT) in the U.S. grew by 2.8 percent to 3.2 trillion in 2016, according to monthly estimates from USDOT. This marks the third year of notable growth following nine years of historical lows, but still shows slower growth than in the

Development of Tools for Assessing Wider Economic Benefits of Transportation (TRB, 2013)

The Strategic Highway Research Program II funded the development of tools to help assess the wider economic benefits of transportation projects. The goal of this project was to develop a bridge between (A) the case study form of analysis provided by the Transportation Project Impact Case Studies

Factors affecting the decline in VMT: A new SSTI report

By Chris McCahill SSTI has released a paper outlining factors contributing to the recent decline in American driving and the implications for transportation planning. As previously reported, per capita VMT has decreased steadily for the past eight years, resulting in a slight decrease in overall

Researchers assess performance of state transportation systems using sustainability index

By Chris McCahill New research from the University of Connecticut sheds valuable light on key policy objectives for improving the sustainability of state transportation systems. The research was just published in a special issue of Research in Transportation Business and Management and featured

Assessing the Extent and Determinates of Induced Growth (Montana DOT, 2013)

Transportation improvements affect the accessibility of places, which in turn can result in changes in land use in combination with factors that support or discourage development (such as land prices, market demand, local land use regulations, and environmental constraints). Transportation

Impacts of light rail on property values vary by distance and income level

A new study on the economic effects of New Jersey’s River Line light rail system has shed some light on the complex relationship between transportation infrastructure and the housing market. Previous research in Portland, Santa Clara, and San Diego has shown that there is a general increase in