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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- Kevin T. Duffy-Deno & Randall W. Eberts, 1989.
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8909, Federal Reserve Bank of Cleveland.
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88-7, Federal Reserve Bank of Chicago.
- Douglas Holtz-Eakin & Amy Schwartz, 1995.
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- Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119, June.
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- Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-96, September.
- Alicia H. Munnell & Leah M. Cook, 1990.
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- Alicia H. Munnell, 1990. "How does public infrastructure affect regional economic performance?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 69-112.
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- Tom Doan, . "RATS program to demonstrate IV estimation of VAR in panel data," Statistical Software Components RTZ00185, Boston College Department of Economics.
- John A. Tatom, 1991. "Public capital and private sector performance," Review, Federal Reserve Bank of St. Louis, issue May, pages 3-15.
- 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.
- 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.
- Teresa Garcia-Milà & Therese J. McGuire & Robert H. Porter, 1993.
"The effect of public capital in state-level production functions reconsidered,"
Economics Working Papers
36, Department of Economics and Business, Universitat Pompeu Fabra.
- Garcia-Mila, Teresa & McGuire, Therese J & Porter, Robert H, 1996. "The Effect of Public Capital in State-Level Production Functions Reconsidered," The Review of Economics and Statistics, MIT Press, vol. 78(1), pages 177-80, February.
- Robert Krol, 1995. "Public Infrastructure and State Economic Development," Economic Development Quarterly, , vol. 9(4), pages 331-338, November.
- 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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