Journal
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
Volume 46, Issue 3, Pages 317-326Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.tre.2009.11.003
Keywords
Transportation infrastructure; Spillovers; Spatial econometrics
Categories
Funding
- OECD
- New York University Faculty Resource Network
Ask authors/readers for more resources
The importance of broader economic effects of transportation infrastructure has recently become apparent. Broader refers to impacts beyond the geographic boundaries within which the infrastructure investments are undertaken. Approaches to estimate broader impacts in production and cost function models are evaluated. A contribution of this paper is the empirical demonstration with a cross-section of US states' manufacturing data that ignoring broader effects of a spatially lagged dependent variable can lead to mis-statements of the overall productive impacts of public infrastructure. These inaccuracies can arise because of missing indirect effects and from specification bias that may directly impact the infrastructure elasticity. (C) 2009 Published by Elsevier Ltd.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available