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ALDOT Economic Sustainability.
| 题名： | ALDOT Economic Sustainability. |
| 作者： | Batson, R. G.; Cochran, C.; Cover, J. P.; Ijaz, A. |
| 关键词： | Aggregates; Alabama; Alabama Department Of Transportation(aldot); Demand; Economic Factors; Economic Forecasting; Fuel Consumption; Highway Construction; Highway Maintenance; Revenue; Statistical Data |
| 摘要： | This research used quantitative methods to document 15-year trends in various economic factors, from the very detailed (e.g., cost per ton for aggregate) to the very broad (total ALDOT annual receipts and expenditures), and for categories of receipts and expenditures as found in ALDOT annual reports. Based on these trends and accepted statistical forecasting methods, forecasts are developed and presented in tabular and graphical form for the 19-year period 2012-2030, with particular interest in 2020 and 2030. Econometric methods were used on monthly and quarterly records of Alabama gasoline consumption 1992-2011 to identify causal variables, such as Alabama employment levels, income, and gasoline tax rate, and their elasticities. The overall objective of this research was to provide an unbiased analysis of the Department's ability to sustain its current program of maintenance and new construction, or to expand the construction expenditures to create transportation system enhancement. Where expenditure reductions could fund shortfalls in forecasted baseline budget, the impact (difficult trade-offs) of absorbing the shortfall in alternative ways has been quantified. Growth in demand for construction activity is analyzed as a factor affecting ALDOTs economic sustainability, as is the projected decline in gasoline consumption in the state. |
| 报告类型： | 科技报告 |
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