Proposed
Project for the MSU Industrial Math Students
Title:
Development of a Database and Economic Impact Model
for the Emerging Intelligent Transportation Systems
(ITS) Component of the Michigan Economy.
Background
ITS is
an increasingly important area of technical development
relating to the transportation systems industry. Both
the vehicle/vehicle systems aspect and the infrastructure
systems aspect of this area of technology development
are rapidly becoming highly important to the considerations
of investments in transportation systems, both public
and private. However, it is difficult to assess the
economic impact of this emergence on the Michigan
economy and the state's investment in transportation
infrastructure because work has not been done to isolate
the various components of the factors involved, i.e.
jobs, capital investment, etc.
The Problem/The
Need
There is
a need to formulate the structure for and the initial
development of the data base of factors involved in
the ITS technology universe. There needs to be an
econometric like model developed that can assess that
database to evaluate the economic impact/importance
to the state. It might be expected that this activity
may take a several step development process; that
is, starting with the development of a simplified
version, and eventually progressing to a much more
sophisticated version. Thus, this might be viewed
as a problem to be worked on over more than one program
year.
The Sponsoring
Organization
ITS Michigan
is the public/private interest group focused on ITS
technology development and deployment. The membership
ranges from the Michigan based automotive OEM's to
the public infrastructure organizations at the local
and state level. This membership will provide the
MSU Industrial Math program students with an "of
counsel" advisory/support group to work toward
the development of the database and model.
ITS Michigan
Contact
Thomas E. Borton, Ph.D., AICP
Incoming President of ITS Michigan (5/11/04)
Phone: 734-475-4244
Email: t.e.borton@att.net
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