Accession Number PB2013-100271
Title ALDOT Economic Sustainability.
Publication Date Jan 2013
Media Count 143p
Personal Author A. Ijaz C. Cochran J. P. Cover R. G. Batson
Abstract This research used quantitative methods to document 15-year trends in various economic factors, from the very detailed (e.g., cost per ton for aggregate) to the very broad (total ALDOT annual receipts and expenditures), and for categories of receipts and expenditures as found in ALDOT annual reports. Based on these trends and accepted statistical forecasting methods, forecasts are developed and presented in tabular and graphical form for the 19-year period 2012-2030, with particular interest in 2020 and 2030. Econometric methods were used on monthly and quarterly records of Alabama gasoline consumption 1992-2011 to identify causal variables, such as Alabama employment levels, income, and gasoline tax rate, and their elasticities. The overall objective of this research was to provide an unbiased analysis of the Department's ability to sustain its current program of maintenance and new construction, or to expand the construction expenditures to create transportation system enhancement. Where expenditure reductions could fund shortfalls in forecasted baseline budget, the impact (difficult trade-offs) of absorbing the shortfall in alternative ways has been quantified. Growth in demand for construction activity is analyzed as a factor affecting ALDOTs economic sustainability, as is the projected decline in gasoline consumption in the state.
Keywords Aggregates
Alabama
Alabama Department of Transportation(ALDOT)
Demand
Economic factors
Economic forecasting
Fuel consumption
Highway construction
Highway maintenance
Revenue
Statistical data
Taxes
Transportation system financing
Trends


 
Source Agency Department of Transportation
NTIS Subject Category 50A - Highway Engineering
43G - Transportation
97B - Energy Use, Supply, & Demand
97G - Policies, Regulations & Studies
Corporate Author University Transportation Center for Alabama, Tuscaloosa. Dept. of Civil, Construction, and Environmental Engineering.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1313
Contract Number N/A

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