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- W657406952 abstract "This paper describes how the provision of transport infrastructure has been hypothesized to induce economic growth and development. However, it is also possible that both regions with a growing economy or, alternatively, lagging economic performance, would both be targets for public investment in transport infrastructure, albeit for different reasons. A major reason for the latter investment is to stimulate employment, while the former is intended to provide infrastructure for growing employment. The objective of this paper is to examine these effects using Granger causality models between highway infrastructure and employment within the United States. The paper will estimate dynamic panel data models in a vector autoregressive framework using time-series cross-sectional data on lane miles of roadway capacity and employment in private industries for 48 contiguous states. The analysis reveals evidence of state employment growth temporally influenced by annual growth in the provision of major highways, rather than the other way around." @default.
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- W657406952 date "2007-01-01" @default.
- W657406952 modified "2023-09-24" @default.
- W657406952 title "A Granger Causality Test of Highway Infrastructure Investment and Regional Employment Growth" @default.
- W657406952 hasPublicationYear "2007" @default.
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