POLITICAL ECONOMY RESEARCH INSTITUTE
Pedestrian and bicycling infrastructure such as side-walks, bike lanes, and trails, can all be used for transportation, recreation, and fitness. These types of infrastructure have been shown to create many benefits for their users as well as the rest of the community. Some of these benefits are economic, such as increased revenues and jobs for local businesses, and some are non-economic benefits such as reduced congestion, better air quality, safer travel routes, and improved health outcomes.
Posts Tagged ‘Political Economy Research Institute’
Pedestrian and Bicycle Infrastructure: A National Study of Employment Impacts
Tuesday, June 28th, 2011A NEW RETROFIT INDUSTRY: An analysis of the job creation potential of tax incentives for energy efficiency in commercial buildings and other components of the Better Buildings Initiative
Monday, June 20th, 2011POLITICAL ECONOMY RESEARCH INSTITUTE
The pursuit of energy efficiency in commercial and multifamily buildings would lead to more than 114,000 new jobs in many industries hard hit by the recession. The President’s Better Buildings Initiative seeks to tap into that job creation potential with a suite of policies designed to encourage the pursuit of energy efficiency…
ESTIMATING THE EMPLOYMENT IMPACTS OF PEDESTRIAN, BICYCLE, AND ROAD INFRASTRUCTURE
Monday, January 17th, 2011POLITICAL ECONOMY RESEARCH INSTITUTE
We are particularly interested in examining the differences in employment resulting from different project types: those that focus on bicycle and pedestrian infrastructure and those that do not. Using an input-output model, we evaluate project-specific data provided by the City of Baltimore. We find that pedestrian and bicycle infrastructure projects create 11-14 jobs per $1 million of spending while road infrastructure projects create approximately 7 jobs per $1 million of expenditures.
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