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Basic Concepts in Economic Impact Analysis

Downloadable articles and links on basic concepts in measuring economic impacts and economic development benefits of projects and programs. We provide this as a public service, so please contact us to suggest any additions or corrections.

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Monetary Valuation per Dollar of Investment in Different Performance Measures by Glen Weisbrod, Teresa Lynch and Michael Meyer, prepared by Economic Development Research Group for the National Cooperative Highway Research Program, NCHRP 8-36-61, 2007.

Economic Analysis Primer U.S. Department of Transportation, Federal Highway Administration, Office of Asset Management, Washington, DC. 2003. (pdf)

Glossaries of Economic Terms Institute for Learning and Research Technology. University of Bristol, 2002.

Economic Impact Studies Gunter Krumme. Department of Geography, University of Washington. 2001.

Consumption Equations for a Multiregional Forecasting and Policy Analysis Model by Treyz, G and L. Petraglia, Contributions to Economic Analysis, Vol. 249, 2001

Guidebook for Assessing Social & Economic Effects of Transportation Projects Forkenbrock, D. and G. Weisbrod. NCHRP Report 456, National Academy Press. 2001.

Current Practice for Assessing Economic Development Impacts from Transportation Projects Weisbrod, G. NCHRP Synthesis Report 290, National Academy Press, Washington, DC. 2000.

Economic Impact Analysis: Using the Right Tools Weisbrod, G. 1999. Slide Show, Proceedings of the Council for Urban Economic Development, 1999 Annual Meeting. (pdf file 142k)

Regional Impact Models Schaffer, William A. 1999. Georgia Institute of Technology, School of Economics.

Measuring the Economic Impact of Projects and Programs Weisbrod, G. and B. 1997. Primer, Economic Development Research Group, Boston, MA.

Economic Impact Assessments: Guidelines for Conducting and Interpreting Assessment Studies Link, Albert N. 1996. University of North Carolina at Greensboro, prepared for the National Institute of Standards, Washington, DC.

The Use of Multipliers in Economic Impact Estimates Broomhall, David. 1993. Purdue University, Cooperative Extension Service. (pdf file 72k)

REMI versus I-O Models Weisbrod, G. 1990. REMI News, No. 4. (pdf file 9k)