The Feasibility of a Land Ferry System to Reduce Highway Maintenance Cost and Associated Externalities

Table 1

Results of the economic impact analysis.

	Item	Initial investment/final demand change	⁢Total			⁢Nevada
			Output	Earnings	Jobs	Output	Earnings	Jobs
Phase one: construction
1	Track	1,902,389,000	3,461,113,307	965,644,351	22,604	2,990,729,331	860,582,489	19,912
2	Stations	71,204,000	135,692,390	45,746,849	1,061	119,325,898	40,328,442	932
3	Support	347,240,000	677,986,100	226,469,928	5,183	673,885,850	225,100,308	5,152
4	Land	696,050,000	1,300,811,425	416,870,410	10,800	1,297,056,768	415,616,229	10,771
5	Communications	79,150,000	145,013,290	39,807,930	1,074	95,685,629	25,564,444	664
6	Vehicles	15,000,000	24,108,300	5,489,600	141	16,839,258	3,838,176	99
7	Professional services	704,981,000	1,303,199,892	457,660,167	11,847	908,719,582	318,602,052	8,258
Totals		$3,816,014,000	7,047,924,704	2,157,689,235	52,709	$6,102,242,316	$1,889,632,140	45,788
Proportion of total benefitting Nevada						86.58%	87.58%	86.87%
Phase two: operations
1	Utilities	8,657,000	15,984,285	5,479,015	148	15,984,285	5,479,015	148
2	Fuel	6,727,000	11,662,600	2,741,925	58	11,662,600	2,741,925	58
3	Operator	328,000	593,713	141,729	3	178,114	42,519	1
4	Administrative maintenance	1,443,000	2,607,645	865,511	39	2,607,645	865,511	39
5	Track maintenance	26,304,000	47,612,870	11,365,958	224	14,283,861	3,409,788	67
6	Engine maintenance	750,000	1,357,575	324,075	6	923,151	220,371	4
Totals		44,209,000	79,818,688	20,918,213	478	$45,639,656	$12,759,128	318
Proportion of total benefitting Nevada						57.18%	61.00%	66.41%
For 40 years						$1,825,586,234	$510,365,134	318