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Contribution of transportation investments to county output

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

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.

Suggested Citation

  • Ozbay, Kaan & Ozmen-Ertekin, Dilruba & Berechman, Joseph, 2007. "Contribution of transportation investments to county output," Transport Policy, Elsevier, vol. 14(4), pages 317-329, July.
  • 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, August.
    2. Zhenhua Chen & Kingsley Haynes, 2015. "Multilevel assessment of public transportation infrastructure: a spatial econometric computable general equilibrium approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(3), pages 663-685, May.
    3. Agbelie, Bismark R.D.K. & Chen, Yang & Salike, Nimesh, 2015. "Heterogeneous Economic Impacts of Transportation Features on Prefecture-level Chinese Cities," RIEI Working Papers 2015-02, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration.
    4. Zhenhua Chen & Kingsley E. Haynes, 2015. "Public surface transportation and regional output: A spatial panel approach," Papers in Regional Science, Wiley Blackwell, vol. 94(4), pages 727-751, November.
    5. Arbués, Pelayo & Baños, José F. & Mayor, Matías, 2015. "The spatial productivity of transportation infrastructure," Transportation Research Part A: Policy and Practice, Elsevier, vol. 75(C), pages 166-177.
    6. repec:spr:anresc:v:60:y:2018:i:2:d:10.1007_s00168-017-0853-2 is not listed on IDEAS
    7. Malina, Christiane & Fischer, Frauke, 2012. "The impact of low emission zones on PM10 levels in urban areas in Germany," CAWM Discussion Papers 58, University of Münster, Center of Applied Economic Research Münster (CAWM).
    8. 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.
    9. repec:mut:wpaper:58 is not listed on IDEAS
    10. Agbelie, Bismark R.D.K., 2014. "An empirical analysis of three econometric frameworks for evaluating economic impacts of transportation infrastructure expenditures across countries," Transport Policy, Elsevier, vol. 35(C), pages 304-310.
    11. 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.
    12. Shicheng Li & Zhaofeng Wang & Yili Zhang & Yukun Wang & Fenggui Liu, 2016. "Comparison of Socioeconomic Factors between Surrounding and Non-Surrounding Areas of the Qinghai–Tibet Railway before and after Its Construction," Sustainability, MDPI, Open Access Journal, vol. 8(8), pages 1-17, August.
    13. Malina, Christiane & Scheffler, Frauke, 2015. "The impact of Low Emission Zones on particulate matter concentration and public health," Transportation Research Part A: Policy and Practice, Elsevier, vol. 77(C), pages 372-385.
    14. 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.
    15. Jiang, Xiushan & He, Xiang & Zhang, Lei & Qin, Huanhuan & Shao, Fengru, 2017. "Multimodal transportation infrastructure investment and regional economic development: A structural equation modeling empirical analysis in China from 1986 to 2011," Transport Policy, Elsevier, vol. 54(C), pages 43-52.
    16. 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.
    17. repec:eee:retrec:v:63:y:2017:i:c:p:13-26 is not listed on IDEAS
    18. 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.
    19. Xiushan Jiang & Lei Zhang & Chenfeng Xiong & Ruijun Wang, 2016. "Transportation and Regional Economic Development: Analysis of Spatial Spillovers in China Provincial Regions," Networks and Spatial Economics, Springer, vol. 16(3), pages 769-790, September.

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