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Contribution of transportation investments to county output

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  • Ozbay, Kaan
  • Ozmen-Ertekin, Dilruba
  • Berechman, Joseph
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    Abstract

    The impact of highway investments on economic development is investigated. Spatial and temporal aspects of transportation investments are studied by analyzing lagged and spillover effects, and the contribution of past output levels to the current output using a dynamic model. County level data from 1990-2000, in New York/New Jersey metropolitan area is used. Results show that the spillover effects decrease with distance from the investment location, that there is a positive time lag effect between the time the investment is made and its impact on output, and that the current level of output depends heavily on past levels.

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    Bibliographic Info

    Article provided by Elsevier in its journal Transport Policy.

    Volume (Year): 14 (2007)
    Issue (Month): 4 (July)
    Pages: 317-329

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    Handle: RePEc:eee:trapol:v:14:y:2007:i:4:p:317-329

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    Cited by:
    1. Valter Di Giacinto & Giacinto Micucci & Pasqualino Montanaro, 2012. "Network effects of public transport infrastructure: Evidence on Italian regions," Papers in Regional Science, Wiley Blackwell, vol. 91(3), pages 515-541, 08.
    2. Melo, Patricia C. & Graham, Daniel J. & Brage-Ardao, Ruben, 2013. "The productivity of transport infrastructure investment: A meta-analysis of empirical evidence," Regional Science and Urban Economics, Elsevier, vol. 43(5), pages 695-706.
    3. Jiwattanakulpaisarn, Piyapong & Noland, Robert B. & Graham, Daniel J., 2010. "Causal linkages between highways and sector-level employment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(4), pages 265-280, May.
    4. Joseph Berechman & Dilruba Ozmen & Kaan Ozbay, 2006. "Empirical analysis of transportation investment and economic development at state, county and municipality levels," Transportation, Springer, vol. 33(6), pages 537-551, November.
    5. repec:mut:wpaper:58 is not listed on IDEAS
    6. Malina, Christiane & Fischer, Frauke, 2012. "The impact of low emission zones on PM10 levels in urban areas in Germany," CAWM Discussion Papers 58, Center of Applied Economic Research Münster (CAWM), University of Münster.

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