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Federal Reserve: Road Pricing
In June, 2007 the Federal Reserve Bank and Chicago Metropolis 2020 jointly hosted a conference to discuss road pricing strategies, as well as other issues related to reducing transportation congestion and improving economic efficiency in the Chicago region and around the world.
EDR Group's Steve Fitzroy attended, remarking that "the effects of congestion are eroding the significant progress that has been made in inventory management control", possibly weighing down productivity growth at the national level.
Read on...
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Optimizing a New Highway
A
new study
for the City of LaPorte, Indiana concludes that highway improvements will provide some new jobs to the city, but many more would be possible with accompanying workforce education and skill-level improvements.
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Dear Friend,
Happy New Year!
We are sending this update to notify you about news articles and reports available from our website. (If you don't want to get future updates, see bottom of this page to opt out).
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A Dollar Value for Everything? Monetizing Impact Measures
A new report by EDR Group for NCHRP explores ways in which environmental and economic impacts measured in quantitative and qualitative terms can be standardized with a monetary value. The report reviews the state-of-the-art and provides case studies of how public agencies have applied monetary impact methods.
Read on...
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Transit as an Economic Investment
What is the long term economic development impact of public transit infrastructure investment? What will be the economic impacts of rising gasoline prices? This study, by EDR Group and Chicago Metropolis 2020 on behalf of the Chicago RTA, looks at the regional economic development impact of alternative investment scenarios for public transit - alongside scenarios such as the possibility of much higher future gasoline prices. Read on...
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Bang for Your Buck in Appalachia
What is the result of years of public works investment in Appalachia? This new report reveals what works best in public works investment in the 13-state Appalachian region. This study measures the post-project benefits of ARC's investments in industrial parks, business incubators, broadband telecommunications, road, water and sewer facilities. It also demonstrates the value of follow-up evaluation processes.
Read on...
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Generating Local Jobs With Sustainable Energy
How can woody-biomass energy generation bolster the Western Massachusetts economy? EDR Group, as part of a larger examination of biomass adoption in MA, studied the economic development implications of biomass energy for five rural counties in Western Massachusetts.
Read on...
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TREDIS Website Launches
After three years of real-world use, our industry-leading transportation economic development impact system - TREDIS - has recently expanded with a new website, online demonstration, case studies of its many uses, reviews, comparisons, and a discussion forum.
Visit the TREDIS website to learn more...
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OECD Expert Panel: Economic Tools
Before
an international panel of experts convened by the OECD in Boston in
November 2007, EDR Group's Glen Weisbrod and Brian B. Alstadt presented
a technical appraisal of the uses and mis-uses of economic modeling tools and benefit-cost analyses used
in transportation planning.
The full report, including Glen and Brian's paper, is forthcoming from OECD. However, the slideshow is available now.
View the slideshow...
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New Papers from EDR Group
EDR
Group economists are active contributors to North American industry
conferences and publications. Below are some recent publications.
Direct User Impacts of Transportation Projects, By Brian B. Alstadt & Glen Weisbrod, TRB 2008
Models to Predict Economic Impacts of Transportation Projects, By Glen Weisbrod, Annals of Regional Science, 2007
Defining the Range of Urban Congestion Impacts on Freight, By Glen Weisbrod & Stephen Fitzroy, TRB 2008
Impact of Congestion on Business, By Glen Weisbrod, Institute of Transportation Engineers, 2007
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