Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Effects of Infrastructure on Regional Economic Performance: US STATES vs METROPOLITAN AREAS

The Effects of Infrastructure on Regional Economic Performance: US STATES vs METROPOLITAN AREAS

Kim, Soojung

Paperback

Business General

ISBN10: 3639038444
ISBN13: 9783639038446
Publisher: Blues Kids Of Amer
Published: Sep 25 2008
Pages: 96
Weight: 0.31
Height: 0.20 Width: 6.00 Depth: 9.00
Language: English
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.

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