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Approximation of the Economic Impacts of the Kansas Comprehensive Transportation Program.
| 题名： | Approximation of the Economic Impacts of the Kansas Comprehensive Transportation Program. |
| 作者： | BABCOCK, M. W. |
| 关键词： | *Economic-impact; *Kansas-.;Transportation-industry; Construction-; Economic-analysis; Budgets-; Financing-; Income-; Employment-. |
| 摘要： | In 1999 the Kansas legislature approved a 10 year transportation program called the Comprehensive Transportation Program (CTP) that contains billions of dollars for Kansas road and bridge projects. It is appropriate and important to measure the construction economic impacts of the program to facilitate an evaluation of the state's investment in highways, and the cost if highway expenditures are reduced. The approximated economic impacts of the CTP during the analysis period are as follows: (a) output impact, $7.1 billion (2.6 times the value of highway contracts); (b) income impact, $1.4 billion (2.4 times greater than direct wages and salaries) and (c) employment impact, 114,635 jobs (41 jobs per $1 million of highway contract value). It is emphasized that these approximate impacts are conservative estimates. The approximated economic impact of the Kansas CTP (K-jurisdiction) highway construction contracts as measured by output is $7.1 billion (2.6 times the value of highway construction contracts) distributed by highway improvement type. The approximated economic impact of the Kansas CTP (K-jurisdiction) highway construction contracts as measured by income is $1.4 billion (2.4 times greater than the value of wages and salaries paid in the road construction industry) distributed by highway improvement type. The approximated economic impact of the Kansas CTP (K-jurisdiction) highway construction contracts as measured by employment is 114,635 full time equivalent (FTE) jobs distributed by highway improvement type. |
| 报告类型： | 科技报告 |
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