Cambridge Economic Research is part of a team that was recently awarded a $450,000 contract by FHWA to evaluate the impacts of highway investment on national economic growth, productivity, and competitiveness. The Team will be assessing, developing, and refining refine analytical tools for evaluating the impacts of highway investment on jobs, wages, exports, productivity and economic growth.
Tools will be developed to estimate the impacts of the American Recovery and Reinvestment Act. The study will assess the relationship between various modes of transport and industrial sector efficiency, estimating efficiency gained or lost through transportation’s own input usage as well as efficiency gained or lost in other industries due to advances in transportation technology.