The Effects of Infrastructure on Regional Economic Performance: US STATES vs METROPOLITAN AREAS (Paperback) (ISBN-13: 9783639038446)

This study explores the relationship of highway infrastructure and regional economic growth using a labor market model of net migration. Typical net migration model is revised adding variables of demand and supply indicators of highway infrastructure and tested at the U.S. state- and metropolitan areas. This study found positive effects of highway infrastructure on state economic performance; both, the highway services demand indicator and the highway supply indicator performed as expected. Elasticity of net in-migration with respect to the per capita lanemiles of supply measure was between 0.129 and 0.454 and the elasticity with respect to vehicle-miles-traveled per lanemile of congestion measure was between - 0.511 and -0.015. The effects of the highway indicators are, however, weak at the MSA-level analysis, suggesting that highway infrastructure benefits spill over metro area boundaries and are experienced at a wider geographic scale.

Author: Soojung Kim
ISBN-10: 3639038444
ISBN-13: 9783639038446
Publisher: VDM Verlag Dr. Mueller E.K.
Language: English
Published: 09/25/2008
Pages: 96
Format: Paperback
Weight: 0.31lbs
Size: 9.00h x 6.00w x 0.20d