The economic impacts of highway widening projects /

1) further research needed to look at areas outside of the

Bibliographic Details
Main Author: Jackson, Patricia Ann, 1966-
Format: Thesis eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified] ; 1997.
Subjects:
Online Access:Link to OAKTrust copy
Description
Summary:1) further research needed to look at areas outside of the
Added capacity has economic, environmental, and social impact
after economic analysis, where the before period d
after study period. The parallel-area or control-area study
analyzing land values, rather than parallel-area or control-
applied to better estimate effects.
approach is recommended for further study of economic impacts
area study approaches. This study involved a before-and-
availability of land value data. Study variables included
construction period, preferably five to ten years, could be
construction zone and 2) consideration for lengthening the
design matrix was developed from data available for two
do not suggest an increase in property values because of
facilities. Impacts on abutting property for each location
for both facility types. Results of the statistical analysis
four design characteristics and four property types. These
highway types, multilane highway and freeway, on pre-selected
Highway widening is one alternative for increasing capacity
highway widening. The most important recommendation from
hourly rate at which vehicles can reasonably be expected to
Improvements, while the after period represented market
indicated that property values generally decreased for both
Land scarcity, as related to value, was analyzed with respect
land value impacts were considered for this research study.
on a particular section of roadway. Capacity is the maximum
on land values. In addition, more data for the after
Previous literature included several modelling techniques
reflected minimal changes in value. Therefore, the results
represented economic make-up of land parcels without
sites. Location selection was based on prior knowledge and
The before-and-after study approach was selected for
this research study includes a combination of two factors.-
to highway widening improvements on abutting land use.
tradeoffs that must be considered. Economic tradeoffs of
traverse a uniform section of a roadway during a given time
under prevailing roadway, traffic, and control conditions.
used for measuring economic impacts of highway improvements.
value occurred on adjacent properties as a result of
value on land parcels once construction was completed. A
variables were used to determine whether increases in land
widening. A paired data statistical analysis was performed
Item Description:"Major subject: Civil Engineering".
Vita.
Physical Description:xi, 97 leaves : illustrations, maps ; 28 cm.
Also available online.
Issued also on microfiche from Lange Micrographics.
Bibliography:Includes bibliographical references.