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The Benefits Of Transit In The United States: A Review And Analysis Of Benefit-Cost Studies, Christopher E. Ferrell
The Benefits Of Transit In The United States: A Review And Analysis Of Benefit-Cost Studies, Christopher E. Ferrell
Mineta Transportation Institute
This white paper presents the findings from a review and analysis of the available literature on benefit-cost (b-c) estimates of existing U.S. transit systems. Following an inventory of the literature, the b-c estimates from each study were organized according to the type of study area (e.g., rural, small urban, urban, etc.). Through this process, categories of monetary transit benefits were identified. The estimated dollar value for each benefit category was divided by the total estimated costs of providing the transit services, thus creating a benefit-specific b-c ratio for each category and allowing benefits from each study to be compared on …