Methodologies to Estimate the Economic Impacts of Disruptions to the Goods Movement System (2012) / Chapter Skim
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61.1 Background The relationship between a healthy economy and transportation system performance is one of the most important relationships in transportation policy (see, for example, Washington State DOT, 2011)
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Introduction and Background 7 And yet much of public policy oriented to responding to (or anticipating) such disruptions in a way that minimizes economic costs requires a basic familiarity with these integrated relationships.
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8 Methodologies to estimate the economic Impacts of Disruptions to the Goods Movement System these affect economic impacts when disruptions in the transportation system occur. A major goal of this research was to develop interest among transportation officials in using the methodologies developed as part of this project.
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Introduction and Background 9 appropriate for the assessment of particular disruption situations. Here, the results of Task 1 fed into the understanding of the key relationships and the types of approaches one can use to analyze them.
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10 Methodologies to estimate the economic Impacts of Disruptions to the Goods Movement System vary over time. In this illustrative example, the disruption has a staged effect on regional economic costs.
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Introduction and Background 11 Task 4: Prepare an interim report and propose case studies for evaluation in Task 5. An interim report was produced that summarized the results of Tasks 1, 2, and 3.
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12 Methodologies to estimate the economic Impacts of Disruptions to the Goods Movement System 1.5 Report Organization The remainder of this report is organized in the following manner: • Chapter 2 presents a literature review of economic impact analysis models that have been used in disruption studies. • Chapter 3 presents a detailed analysis framework that can be used to do an in-depth economic analysis of transportation system disruption.
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