Federal-aid Highways: Trends, Effect on State Spending, and Options for Future Program Design : Report to the Ranking Minority Member Subcommittee on Transportation and Infrastructure, Committee on Environment and Public Works, U.S. Senate
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Government However Recent Federal Investment Has Outpaced
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additional Appendix II Description billion capita income capture Cochrane-Orcutt Congress Description of Grant differences DOT officials Drivers per capita effect of federal effective matching rate Effective nonhighway grant estimate factors federal aid federal highway funding federal highway grants federal matching federal-aid highway program FHWA fixed effects fixed effects estimating Gamkhar GAO analysis grant expenditures grant match rate Grant Substitution Model grants coefficient highway expenditures highway funding effort highway projects Highway Trust Fund income effect increase in federal increased federal funding instrumental variables Interstate investment in highways lane miles matching requirements measure Meyers miles per capita National Highway System Nonhighway federal grants nonhighway grant match nonhighway spending options percentage Personal income squared previous studies price effect real per capita Registered vehicles Senate state's Statistical Methods statistical model statistically significant substitution rate tax price three studies traveled per capita typical voter/consumer Vehicle miles traveled vehicles per capita