Practices for Evaluating the Economic Impacts and Benefits of Transit: A Synthesis of Transit Practice

Document Type

Report

Publication Date

2017

Subject Area

place - north america, economics - benefits, planning - public consultation, planning - surveys, literature review - literature review

Keywords

Economic impact, economic benefit, transit operations, planning

Abstract

TRB's Transit Cooperative Research Program (TCRP) Synthesis 128: Practices for Evaluating the Economic Impacts and Benefits of Transit provides state-of-the-practice information for transit agencies to help them in incorporating economic benefits and impacts into their decision-making processes, which may lead to more sustainable funding solutions for transit agencies. The report describes the methods used for assessing transit economic impacts and benefits, the types of effects that are covered by these methods, and the ways that agencies are using the information obtained for planning, prioritizing, funding, and stakeholder support.

Rights

Permission to publish the abstract has been given by Transportation Research Board, Washington, copyright remains with them.

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