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Highway Infrastructure Investment And County Employment Growth: A Dynamic Panel Regression Analysis

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  • Piyapong Jiwattanakulpaisarn
  • Robert B. Noland
  • Daniel J. Graham
  • John W. Polak

Abstract

ABSTRACT This paper uses recent advances in dynamic panel econometrics to examine the impact of highway infrastructure on aggregate county‐level employment using data for all 100 North Carolina counties from 1985 through 1997. Results are compared to models that do not take endogeneity of highway investment and dynamics of employment adjustment into account. Fully specified dynamic models are found to give insignificant results compared to these other models. Thus, when these issues are properly modeled, the results show that improvements in highways have no discernible impact on employment.

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  • Piyapong Jiwattanakulpaisarn & Robert B. Noland & Daniel J. Graham & John W. Polak, 2009. "Highway Infrastructure Investment And County Employment Growth: A Dynamic Panel Regression Analysis," Journal of Regional Science, Wiley Blackwell, vol. 49(2), pages 263-286, May.
    • Handle: RePEc:bla:jregsc:v:49:y:2009:i:2:p:263-286
    DOI: 10.1111/j.1467-9787.2008.00579.x
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    4. Sander Hoogendoorn & Joost van Gemeren & Paul Verstraten & Kees Folmer, 2016. "House prices and accessibility: Evidence from a natural experiment in transport infrastructure," CPB Discussion Paper 322.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    5. Miquel-Àngel Garcia-López & Camille Hémet & Elisabet Viladecans-Marsal, 2017. "How does transportation shape intrametropolitan growth? An answer from the Regional Express Rail," Journal of Regional Science, Wiley Blackwell, vol. 57(5), pages 758-780, November.
    6. Fageda, Xavier & Gonzalez-Aregall, Marta, 2017. "Do all transport modes impact on industrial employment? Empirical evidence from the Spanish regions," Transport Policy, Elsevier, vol. 55(C), pages 70-78.
    7. Joanna Ganning, 2023. "Quantifying the impacts of suburbanization without growth on central city housing vacancy," Growth and Change, Wiley Blackwell, vol. 54(4), pages 1002-1018, December.
    8. Daniel Albalate & Jordi Rosell, 2016. "Persistent and transient efficiency on the stochastic production and cost frontiers – an application to the motorway sector," Working Papers XREAP2016-04, Xarxa de Referència en Economia Aplicada (XREAP), revised Oct 2016.
    9. Sander Hoogendoorn & Joost van Gemeren & Paul Verstraten & Kees Folmer, 2016. "House prices and accessibility: Evidence from a natural experiment in transport infrastructure," CPB Discussion Paper 322, CPB Netherlands Bureau for Economic Policy Analysis.
    10. Chakrabarti, Sandip, 2018. "Can highway development promote employment growth in India?," Transport Policy, Elsevier, vol. 69(C), pages 1-9.
    11. Xiao Ke & Justin Yifu Lin & Caihui Fu & Yong Wang, 2020. "Transport Infrastructure Development and Economic Growth in China: Recent Evidence from Dynamic Panel System-GMM Analysis," Sustainability, MDPI, vol. 12(14), pages 1-22, July.
    12. Bottasso, Anna & Conti, Maurizio & Ferrari, Claudio & Merk, Olaf & Tei, Alessio, 2013. "The impact of port throughput on local employment: Evidence from a panel of European regions," Transport Policy, Elsevier, vol. 27(C), pages 32-38.
    13. Miquel- Àngel Garcia-López & Adelheid Holl & Elisabet Viladecans-Marsal, 2013. "Suburbanization and highways: when the romans, the bourbons and the first cars still shape Spanish cities," Working Papers 2013/5, Institut d'Economia de Barcelona (IEB).
    14. Dan Zheng, 2011. "The Dynamics of Economic Policy and Regional Specialization: Evidence from China's High-tech Industry," ERSA conference papers ersa11p1086, European Regional Science Association.
    15. Garcia-López, Miquel-Ángel & Holl, Adelheid & Viladecans-Marsal, Elisabet, 2015. "Suburbanization and highways in Spain when the Romans and the Bourbons still shape its cities," Journal of Urban Economics, Elsevier, vol. 85(C), pages 52-67.
    16. Xavier Fageda & Marta Gonzalez-Aregall, 2014. "“The Spatial effects of transportation on industrial employment ”," IREA Working Papers 201429, University of Barcelona, Research Institute of Applied Economics, revised Nov 2014.
    17. Guangqing Chi, 2012. "The Impacts of Transport Accessibility on Population Change across Rural, Suburban and Urban Areas: A Case Study of Wisconsin at Sub-county Levels," Urban Studies, Urban Studies Journal Limited, vol. 49(12), pages 2711-2731, September.
    18. Jie Wang & Biyu Peng & Xiaohua Xia & Zhu Ma, 2021. "Are Housing Prices Sustainable in 35 Large and Medium-Sized Chinese Cities? A Study Based on the Cheap Talk Game and Dynamic GMM," Sustainability, MDPI, vol. 13(22), pages 1-18, November.
    19. Ng, Choy Peng & Law, Teik Hua & Wong, Shaw Voon & Kulanthayan, S., 2017. "Relative improvements in road mobility as compared to improvements in road accessibility and economic growth: A cross-country analysis," Transport Policy, Elsevier, vol. 60(C), pages 24-33.
    20. repec:elg:eechap:14395_7 is not listed on IDEAS
    21. Bottasso, Anna & Conti, Maurizio & Costacurta de Sa Porto, Paulo & Ferrari, Claudio & Tei, Alessio, 2021. "Roads to growth: The Brazilian way," Research in Transportation Economics, Elsevier, vol. 90(C).
    22. Miquel- Àngel Garcia-López & Adelheid Holl & Elisabet Viladecans-Marsal, 2013. "Suburbanization and highways: when the romans, the bourbons and the first cars still shape Spanish cities," Working Papers 2013/5, Institut d'Economia de Barcelona (IEB).
    23. Sobieralski, Joseph B., 2021. "Transportation infrastructure and employment: Are all investments created equal?," Research in Transportation Economics, Elsevier, vol. 88(C).

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