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Dynamics of Transport Infrastructure, Exports and Economic Growth in the United States

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  • Tong, Tingting
  • Yu, Edward
  • Roberts, Roland K.

Abstract

This paper focuses on the dynamic relationships among transport infrastructure, exports and economic growth in the United States using a multivariate time-series analysis. Results suggest that the formation of highways and streets affects economic growth indirectly through enhancing the capital stock of non-transport infrastructure and crowding in private capital. The reverse causality from economic output to highway and street infrastructure is observed. Aggregate capital stock of non-transport infrastructure, excluding national defense, has sustainable positive effects on economic output and exports over a number of years. Empirical evidence also shows that highway and street infrastructure and non-transport infrastructure Granger cause exports.

Suggested Citation

  • Tong, Tingting & Yu, Edward & Roberts, Roland K., 2014. "Dynamics of Transport Infrastructure, Exports and Economic Growth in the United States," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 53(1).
    • Handle: RePEc:ags:ndjtrf:207428
    DOI: 10.22004/ag.econ.207428
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    2. Gitana Dudzeviciute & Agne Shimelyte & Jurate Antanaviciene, 2017. "Causal Nexus Between Export and Economic Growth in the European Union Countries," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(2), pages 107-120.
    3. FOTIA Alexandru & TECLEAN Cezar, 2018. "The Impact of Intermodal Connectivity of Transport Networks on Net Exports in the European Union Member States," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
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    6. Firas Gerges & Hani Nassif & Xiaolong Geng & Holly A. Michael & Michel C. Boufadel, 2022. "GIS-based approach for evaluating a community intrinsic resilience index," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 111(2), pages 1271-1299, March.
    7. Duygu Şahan & Okan Tuna, 2021. "Policy Implications on Transport Infrastructure–Trade Dynamics: Case of Turkey," Logistics, MDPI, vol. 5(3), pages 1-16, July.
    8. Alassane D. Yeo & Aimin Deng & Todine Y. Nadiedjoa, 2020. "The Effect of Infrastructure and Logistics Performance on Economic Performance: The Mediation Role of International Trade," Foreign Trade Review, , vol. 55(4), pages 450-465, November.
    9. Alam, Khalid Mehmood & Li, Xuemei & Baig, Saranjam & Ghanem, Osman & Hanif, Salman, 2021. "Causality between transportation infrastructure and economic development in Pakistan: An ARDL analysis," Research in Transportation Economics, Elsevier, vol. 88(C).
    10. Zhanarys RAIMBEKOV & Bakyt SYZDYKBAYEVA, 2021. "Assessing The Impact Of Transport And Logistics On Economic Growth In Emerging Economies: A Case Study For The Conditions Of The Republic Of Kazakhstan," Transport Problems, Silesian University of Technology, Faculty of Transport, vol. 16(2), pages 199-211, June.

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