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Tools for Evaluating Economic Development Impacts of Transportation

The TRB Committee on Transportation and Economic Development sponsored a workshop on methods for evaluating economic development impacts of transportation. As part of this effort, we developed a list of free or commercially available tools that users can apply on their own to address evaluate economic development impacts of highways, airports, marine ports or transit services. This list is presented as a public service, to encourage better understanding of available resources. We welcome submission of additions and corrections to this list.

Two factors should be noted about the tools listed below.
(1) These tools focus on differing modes and differeing aspects of economic development impact.
(2) Many of these tools are in fact designed to complement and even work together.

ABC - Airport Benefit Cost system

ADE - Airport Development Economics

FREIGHT TOOLSCS - freight planning and analysis

GA Airport Economic Impact Statements

HEAT - Highway Economic Analysis Tool

IMPLAN - Impact Planning Input-Output Model

LEAP-TRANS - Local Economic Assessment Package

MnDOT Airport Economic Impact Calculator

PORTKIT - Port Economic Impact Kit

REDYN - Regional Dynamics economic model

REMI - Policy Insight and TranSight economic model

RIMS - Regional Input-Output Multiplier System

TELUS - Transportation, Economic and Land Use Model

TRANSEARCH INSIGHT - dynamic freight flow forecasting

TREDIS - Transportation Economic Development Impact System

 

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