Research Project
Systemwide Information for Transportation Assessment: Economic Impacts and ITS Deployment Planning
In this study focused on the Chicago area, a study of macro-level benefits of the regional economy will be conducted, using a simulation model such as REMI or other econometric methods. The study will integrate regional planning models with a model of the economy and a Geographic Information System to develop a Spatial Decision Support System (SDSS). Impacts can be broken down benefits by sub-areas of the Chicago metropolitan area, type of vehicle (passenger car versus truck), type of driver (and trip) and aspects of the economy (expressed in terms of growth in relevant industry and occupation).
- Principal Investigator
- Thakuriah, Piyushimita (Vonu)
- Research Area(s)
- Policy Analysis
- Funding Source
- Federal Highway Administration, Illinois Department of Transportation
Abstract
The major goals of ITS in the Northeastern Illinois area are to improve safety, improve service level (efficiency), reduce energy and environmental impact, enhance productivity, and improve mobility. The major methodology employed in all levels of government is Cost-Benefit Analysis, which implies that both benefits and costs need to be quantified in order to determine the merit of the policy and the project, can be complicated. If benefits are not exhaustedly quantified, there is a possibility that the outcome will be misleading. This study will develop a methodology to conduct a holistic approach to linking ITS deployment scenarios in regional transportation plans with a complete economic impact. Using this tool, the six-county Northeastern Illinois region will be studied.