Author(s):
T. Clower, B. Weinstein
Publication Date
July 2006
Abstract
In this report, we examine the type of metrics that can be employed in evaluating the economic, developmental, and fiscal impacts of toll roads. We have drawn these metrics from the literature of analyses and case studies of toll and non-toll facilities. Where the literature does not address a specific metric for a relevant impact, we suggest one. These metrics will be used in later components of this research project to assess impacts realized by selected case studies of local and regional economies from the construction and operation of toll facilities in Texas in urban, suburban, and rural settings. The impacts of toll roads are, in many instances, similar to other highway facilities. However, the impacts of toll roads are differentiated by ongoing toll facility operations, more limited access points in most toll facility designs, and the pace of facility development. The nature and magnitude of any impacts are also affected by the location of the toll facility in urban, suburban, or rural settings. There is little in the literature to suggest that the adaptation of open lanes to managed toll lanes has more than a marginal impact on ancillary property development or other development impacts.
Report Number:
0-5437-1
Keywords:
development impacts, Economic Impacts, toll roads
Link(s):
Document/Product
http://tti.tamu.edu/documents/0-5437-1.pdf
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