Economic & Policy Assessment
ITRE provides comprehensive and data driven economic assessments and policy analyses. Research efforts combine policy frameworks with surveys, varied geographic data sets, and economic models to demonstrate how transportation activities affect regional and/or multiregional economies. ITRE specializes in market and non-market valuations for all modes at the project, corridor, regional, state, and national levels. Our researchers conduct studies utilizing the most current and reputable methodologies and data sources.
Economic and Fiscal
ITRE recognizes the value of using economic and fiscal assessments to communicate the impact of various transportation investments and to support financially-wise investment decisions. Our staff utilizes a variety of methodologies to conduct thorough evaluations for transportation agencies and governments. Business activity supported by the infrastructure, tax collections, benefits derived by users, and other variables can be examined to provide the most thorough analysis possible.
Transportation policy shapes the physical infrastructure of networks, transportation funding decisions, influences travel behavior of citizens, and affects the ability of businesses to reach their markets. Because it can take time to implement some policies and to realize their implications, ITRE conducts detailed assessments of potential long and short terms outcomes using a variety of methodologies such as life cycle analysis and cost benefit analysis. ITRE policy analyses range from simple assessments to more complex projects, including the creation of computational tools, educational materials, and other deliverables that support decisions that consider both the costs and benefits of public investments.