Economic Impacts of Highway Beautification in Florida
Vol. 2015 No. 2, Historical Fact Sheets
Vol. 2015 No. 2

Economic Impacts of Highway Beautification in Florida: FE963, 12/2014

Historical Fact Sheets
https://doi.org/10.32473/edis-fe963-2014
Published 2015-03-13
Hayk Khachatryan
University of Florida
https://orcid.org/0000-0002-3103-5236
Alan W. Hodges
University of Florida
Mohammad Rahmani
University of Florida
Thomas J. Stevens
University of Florida
Industry output and value-added impacts of highway beautification expenditures by FDOT districts, FY 2008–2013
view on EDIS
PDF-2014

Keywords

Roadside Landscaping
FE963

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How to Cite

Khachatryan, Hayk, Alan W. Hodges, Mohammad Rahmani, and Thomas J. Stevens. 2015. “Economic Impacts of Highway Beautification in Florida: FE963, 12/2014”. EDIS 2015 (2). Gainesville, FL:7. https://doi.org/10.32473/edis-fe963-2014.
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Abstract

The Florida Department of Transportation is allocated money every year for highway landscaping projects. They make driving more pleasant and are better for the environment, but do they attract private investment and contribute to the economy? This study, commissioned by the FDOT, finds that the average annual economic impacts of highway beautification expenditures in Florida during 2008–2013 amounted to $46 million in output impacts and $28 million in value-added impacts. This 7-page fact sheet was written by Hayk Khachatryan, Alan W. Hodges, Mohammad Rahmani, and Thomas J. Stevens, and published by the UF Department of Food and Resource Economics, December 2014. 
http://edis.ifas.ufl.edu/fe963 

https://doi.org/10.32473/edis-fe963-2014
view on EDIS
PDF-2014

References

FDOT. 2014. Florida Department of Transportation, Landscape Report, Fiscal Year 2008 to May 2013. Florida Department of Transportation, Tallahassee, FL.

IMPLAN Group, Inc. 2012. IMPLAN social accounting and impact analysis software (version 3), and 2011 regional data file for Florida. IMPLAN, Huntersville, NC. Web resources available at www.implan.com.

Miernyk, W.H. 1965. The elements of input-output analysis. Available on the web book of regional science: http://www.rri.wvu.edu/WebBook/Miernykweb/new/index.htm.

Miller, R.E. and P.D. Blair. 2009. Input-Output Analysis: Foundations and Extensions, Second Edition. Cambridge: Cambridge University Press. https://doi.org/10.1017/CBO9780511626982
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