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The research reported here was conducted under NCHRP Project 2-17(1), Methodologies for Evaluating the Effects of Transportation Policies on the Economy, by Hickling Corporation, Washington, D.C., with three objectives. The first objective was to identify and describe methodologies available to analyze the relationships between transportation and the economy. The second objective was to critically evaluate the methodologies and the state of knowledge resulting from their use. This objective also asked how transportation agencies use alternative methodologies from both a technical and decision-making perspective. The third objective was to develop a primer for transportation executives and decision-makers that documents what is known about the relationship between transportation and the economy and provides guidance on the use of economic analysis to identify policies and investments with the potential to foster growth and productivity. The information in this report will be of special value to transportation officials, who are interested in the relationship between transportation and the economy, and to transportation analysts, who are interested in the economic analysis methodologies and decision rules that can be applied to future capital investments to foster continued economic growth and productivity.
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