Highways and economic productivity: interpreting recent evidence
University of California Transportation Center, 1995 - Business & Economics - 33 pages
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Alicia H American Planning Association Aschauer Bard College beneﬁt-cost analyses Boamet Brookings Institution California Transportation Center congestion pricing control for unique cross-state spillovers deﬁcits Department of Transportation Eberts econometric economic activity economic beneﬁts Economic Development economic growth economic impacts economic output efﬁciently estimated Evans and Karras ﬁrm ﬁrst Forkenbrock and Foster funding responsibilities Garcia-Mila and McGuire Giuliano Govemment Gramlich Granger highway beneﬁts highway capital highway construction highway infrastructure Highway Investment Holtz-Eakin and Schwartz impacts of highways independent variable Infrastructure Investment Interstate Highway Interstate Highway system ISTEA Journal Kelejian and Robinson Krugman land use impacts large number measure Munnell network extemalities panel data production function studies productivity growth project analysis public capital elasticities public capital stock Public Infrastructure Record number 1274 reﬂect Regional Science regression Research Record number Schwartz 1995b signiﬁcantly slowdown speciﬁcation spurious correlations statistically signiﬁcant Transportation Research Record U.S. Department unique state effects unit roots University of Califomia Urban Economics