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Evaluating the Impact of COVID-19 on Transportation Infrastructure Funding in the United States
International Conference on Transportation and Development 2022, ICTD 2022 ; 6:134-142, 2022.
Article in English | Scopus | ID: covidwho-2050653
ABSTRACT
The coronavirus disease 2019 (COVID-19) pandemic has caused a reduction in business and routine activity and resulted in less motor fuel consumption. Thus, the gas tax revenue is reduced, which is the major funding resource supporting the rehabilitation and maintenance of transportation infrastructure systems. The focus of this study is to evaluate the impact of the COVID-19 pandemic on transportation infrastructure funds in the United States through analyzing the motor fuel consumption data. Machine learning models were developed by integrating COVID-19 scenarios, fuel consumptions, and demographic data. The best model achieves an R2-score of more than 95% and captures the fluctuations of fuel consumption during the pandemic. Using the developed model, we project future motor gas consumption for each state. For some states, the gas tax revenues are going to be 10%-15% lower than the pre-pandemic level for at least one or two years. © 2022 International Conference on Transportation and Development
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Full text: Available Collection: Databases of international organizations Database: Scopus Type of study: Experimental Studies / Prognostic study Language: English Journal: International Conference on Transportation and Development 2022, ICTD 2022 Year: 2022 Document Type: Article

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Full text: Available Collection: Databases of international organizations Database: Scopus Type of study: Experimental Studies / Prognostic study Language: English Journal: International Conference on Transportation and Development 2022, ICTD 2022 Year: 2022 Document Type: Article