Economic Analysis of the Value of Local Street Improvements in Springfield, Oregon

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The City of Springfield faces deteriorating street conditions due to a steady
decline in transportation funding. The City believes a possible solution to this
problem is to improve its local streets with funding from residential property
assessments. However, to encourage property owners to bear the costs of
improving roads, the City would like to better understand the value of local street
improvements. This paper surveys the existing literature on amenity valuation
and infrastructure inv...


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