The Direct and Indirect Economic Effects of Transportation Infrastructure
The notion that highways boost economic activity is a popular one. States such as Iowa and Wisconsin have promoted highway policy as an economic development tool (Dalton 1991; Forkenbrock and Plazah 1986). Benefit-cost analyses of particular highway corridors have, at times, claimed large long-term economic gains (e.g. Seskin 1990; Weisbrod and Beckwith 1992). Yet for years, economists have argued that the common perception of a link between highways and economic development is, at best, incomplete.
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- Boarnet, Marlon G., 1995. "Transportation Infrastructure, Economic Productivity, and Geographic Scale: Aggregate Growth versus Spatial Redistribution," University of California Transportation Center, Working Papers qt6sj276z4, University of California Transportation Center.
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36, Department of Economics and Business, Universitat Pompeu Fabra.
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- Holtz-Eakin, Douglas, 1994. "Public-Sector Capital and the Productivity Puzzle," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 12-21, February.
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- Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119, December.
- Boarnet, Marlon G., 1996. "Geography and Public Infrastructure," University of California Transportation Center, Working Papers qt1fn223q7, University of California Transportation Center.
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International Tax and Public Finance,
Springer;International Institute of Public Finance, vol. 2(3), pages 459-468, October.
- Douglas Holtz-Eakin & Amy Ellen Schwartz, 1995. "Spatial Productivity Spillovers from Public Infrastructure: Evidence from State Highways," NBER Working Papers 5004, National Bureau of Economic Research, Inc.
- Randall W. Eberts & Michael S. Fogerty, 1987. "Estimating the relationship between local, public and private investment," Working Paper 8703, Federal Reserve Bank of Cleveland.
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- Randall W. Eberts, 1986. "Estimating the contribution of urban public infrastructure to regional growth," Working Paper 8610, Federal Reserve Bank of Cleveland.
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