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Highway capacity and economic growth

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  • David Alan Aschauer

Abstract

The quality and quantity of highway transportation systems have a direct bearing on economic growth—good roads are good business.

Suggested Citation

  • David Alan Aschauer, 1990. "Highway capacity and economic growth," Economic Perspectives, Federal Reserve Bank of Chicago, issue Sep, pages 14-24.
    • Handle: RePEc:fip:fedhep:y:1990:i:sep:p:14-24:n:v.14no.5
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    File URL: http://www.chicagofed.org/digital_assets/publications/economic_perspectives/1990/ep_sep_oct1990_part2_aschauer.pdf
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    References listed on IDEAS

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    1. Murphy, Kevin M & Shleifer, Andrei & Vishny, Robert W, 1989. "Industrialization and the Big Push," Journal of Political Economy, University of Chicago Press, vol. 97(5), pages 1003-1026, October.
    2. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    3. Fare, Rolf & Grosskopf, Shawna & Yoon, Bong Joon, 1982. "A theoretical and empirical analysis of the highway speed-volume relationship," Journal of Urban Economics, Elsevier, vol. 12(1), pages 115-121, July.
    4. David Alan Aschauer, 1988. "Government spending and the "falling rate of profit."," Economic Perspectives, Federal Reserve Bank of Chicago, issue May, pages 11-17.
    5. Alicia H. Munnell, 1990. "Why has productivity growth declined? Productivity and public investment," New England Economic Review, Federal Reserve Bank of Boston, issue Jan, pages 3-22.
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    Citations

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    Cited by:

    1. Rainey, Daniel V. & McNamara, Kevin T., 2002. "Tax Incentives: An Effective Development Strategy For Rural Communities?," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 34(2), pages 1-7, August.
    2. Torres Preciado, Víctor Hugo & Polanco Gaytán, Mayrén & Manzanares Rivera, José Luis, 2010. "Diferencias en el ingreso per cápita regional e infraestructura de transporte en México
      [Differences in per capita regional income and transport infrastructure in Mexico]      ," MPRA Paper 28081, University Library of Munich, Germany.
    3. 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.
    4. Kang, Chang Deok & Cervero, Robert, 2008. "From Elevated Freeway to Linear Park: Land Price Impacts of Seoul, Korea's CGC Project," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt81r021w2, Institute of Transportation Studies, UC Berkeley.
    5. Randolph, Susan*Bogetic, Zeljko*Hefley, Dennis, 1996. "Determinants of public expenditure on infrastructure : transportation and communication," Policy Research Working Paper Series 1661, The World Bank.
    6. Ingram, Gregory K. & Zhi Liu, 1997. "Motorization and the provision of roads in countries and cities," Policy Research Working Paper Series 1842, The World Bank.
    7. José García-Montalvo, 1993. "Thresholds Effects, Public Capital And The Growth Of The United States," Working Papers. Serie EC 1993-11, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).

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    Keywords

    Infrastructure (Economics);

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