Annotated Bibliography - SSTI
Annotated Bibliography - SSTI
Annotated Bibliography - SSTI
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Title<br />
Authors<br />
Guide for Assessing Social and Economic Effects<br />
David Forkenbrock and Glen Weisbrod<br />
Sponsor Transportation Research Board (TRB) ‐ National Research Council, NCHRP 456<br />
Date 2001<br />
Pages 151<br />
Category Economic Performance Measures, Modes: All<br />
Note<br />
Online<br />
Summary<br />
http://www.edrgroup.com/library/multi‐modal/guidebook‐for‐assessing‐social‐aeconomic‐effects‐of‐transportation‐projects.html<br />
This report serves as a comprehensive manual for analyzing the benefits of a<br />
transportation project, including method, resources, and references for each area of<br />
concern. Effects noted include changes in travel time, vehicle operating costs, economic<br />
development, and property values. Section 8 of this report defines the measures of<br />
economic development in terms of business startup, expansion, attraction, and<br />
retention. It identifies five factors that are effects of economic development from<br />
transportation projects: business travel costs, business market research, personal travel<br />
costs, job access, and quality of life.<br />
The authors categorize the effects transportation projects have on property values and<br />
land use as changes in accessibility, noise, visual quality, community cohesion, and<br />
business productivity. The steps of a property value analysis are outlined, explaining to<br />
first identify the associated direct effects, followed by the definition of affected areas,<br />
and finally to assess effects based on the relationship of relevant factors to property<br />
value.<br />
<strong>Annotated</strong> <strong>Bibliography</strong> Page 16
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