Urban Studies and Planning Commons^™

Track Time And Monetary Costs Of Transportation As A Comprehensive Performance Measure: Development And Application Of Transportation Cost Index, Liming Wang

PSU Transportation Seminars

As federal and state policies place increasing emphasis on using comprehensive transportation performance measures to guide transportation decision making, there is a gap in such measures of transportation and land use systems. This seminar reports the results from a research project aiming to fill the gap in the type of applications and policy areas covered by existing measures. Modeled after the popular Consumer Price Index, the project refines and develops a transportation cost index (TCI) measure for transportation and land use systems by tracking the time and monetary costs of transportation for households as they travel to satisfy their daily …

Transportation Cost Index As A Performance Measure For Transportation And Land Use Systems: New Approaches And Applications, Liming Wang, Huajie Yang, Jenny H. Liu

Urban Studies and Planning Faculty Publications and Presentations

This research aims to fill gaps in existing multi-modal performance measures for transportation and land use systems:

1. As a supplement/replacement of traffic-centric measures such as LOS, travel delay;
2. Recent federal and state legislations put more emphases on using of performance measures in transportation planning & operation: MAP-21, Oregon Job and Transportation Act (OJTA);
3. Existing performance measures for transportation and land use systems, although now numerous, have their own limitation (Table 1), and leave important aspects and policy areas uncovered, for example, the balance of transportation investment between different modes and across geographical areas as mandated by OJTA