Practices for Evaluating the Economic Impacts and Benefits of Transit: A Synthesis of Transit Practice
place - north america, economics - benefits, planning - public consultation, planning - surveys, literature review - literature review
Economic impact, economic benefit, transit operations, planning
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.
Permission to publish the abstract has been given by Transportation Research Board, Washington, copyright remains with them.
Weisbrod, G., Stein, N., Duncan, C., & Blair A. (2017). Practices for Evaluating the Economic Impacts and Benefits of Transit: A Synthesis of Transit Practice. Transit Cooperative Research Program (TCRP) Report 128, pp. 1-95. Published by Transportation Research Board of the National Academies, Washington, DC.