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Full-Text Articles in Business

The Relationship Between Vmt And Economic Activity, B. Starr Mcmullen, Nathan Eckstein Nov 2011

The Relationship Between Vmt And Economic Activity, B. Starr Mcmullen, Nathan Eckstein

TREC Final Reports

Vehicle miles traveled (VMT) in the U.S. have exhibited an upward trend over time similar to that observed for gross domestic product (GDP) and personal income (PI). While conventional wisdom suggests that economic growth leads to more driving and thus higher VMT, it is theoretically possible that the causation could also be the other way around. If causation is from VMT to GDP, then legislation such as the Federal Surface Transportation Policy and Planning Act of 2009’s directive to annually reduce national per capita VMT could potentially have an adverse impact on overall economic activity.

This study uses times series …


Oregon Freight Data Mart, Miguel A. Figliozzi, Robert Bertini Aug 2010

Oregon Freight Data Mart, Miguel A. Figliozzi, Robert Bertini

TREC Final Reports

Increasing freight volumes are adding pressure to the Oregon transportation system. Monitoring the performance of the transportation system and freight movements is essential to guarantee the economic development of the region, the efficient allocation of resources, and the quality of life of all Oregonians. Freight data is expensive to collect and maintain. Confidentiality issues, the size of the datasets, and the complexity of freight movements are barriers that preclude the easy access and analysis of freight data. Data accessibility and integration is essential to ensure successful freight planning and consistency across regional partner agencies and planning organizations. In relation to …