On the effects of highway investment on the regional concentration of economic activity in the USA
The empirical results in this note are based on state-level VAR estimates using private output, employment, and investment, as well as different measures of highway investment to capture, for each state, both the direct effects of highway investment in the state itself and spillover effects of highway investment in other states. Empirical results suggest that the largest states tend to also be the biggest beneficiaries of highway investments which means that highway investment has not only contributed to regional concentration of economic activity but has done so in many of the largest states thereby contributing to regional asymmetries in the country. Copyright Springer-Verlag 2012
Volume (Year): 11 (2012)
Issue (Month): 3 (December)
|Contact details of provider:|| Web page: http://link.springer.de/link/service/journals/10258/index.htm |
|Order Information:||Web: http://link.springer.de/orders.htm|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alfredo M. Pereira, 2000. "Is All Public Capital Created Equal?," The Review of Economics and Statistics, MIT Press, vol. 82(3), pages 513-518, August.
- Alfredo Pereira & Jorge Andraz, 2004. "Public highway spending and state spillovers in the USA," Applied Economics Letters, Taylor & Francis Journals, vol. 11(12), pages 785-788.
- Evans, Paul & Karras, Georgios, 1994. "Are Government Activities Productive? Evidence from a Panel of U.S. States," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 1-11, February.
- Alfredo Pereira & Jorge Andraz, 2012. "On the regional incidence of highway investments in the USA," The Annals of Regional Science, Springer, vol. 48(3), pages 819-838, June.
When requesting a correction, please mention this item's handle: RePEc:spr:portec:v:11:y:2012:i:3:p:165-170. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.