Highway infrastructure investment and county employment growth: A dynamic panel regression analysis

Piyapong Jiwattanakulpaisarn; Robert B. Noland; Daniel J. Graham; John W. Polak

doi:10.1111/j.1467-9787.2008.00579.x

Highway infrastructure investment and county employment growth: A dynamic panel regression analysis

Piyapong Jiwattanakulpaisarn, Robert B. Noland, Daniel J. Graham, John W. Polak

Research output: Contribution to journal › Article

20 Scopus citations

Abstract

This paper uses recent advances in dynamic panel econometrics to examine the impact of highway infrastructure on aggregate county-level employment using data for all 100 North Carolina counties from 1985 through 1997. Results are compared to models that do not take endogeneity of highway investment and dynamics of employment adjustment into account. Fully specified dynamic models are found to give insignificant results compared to these other models. Thus, when these issues are properly modeled, the results show that improvements in highways have no discernible impact on employment.

Original language	English (US)
Pages (from-to)	263-286
Number of pages	24
Journal	Journal of Regional Science
Volume	49
Issue number	2
DOIs	https://doi.org/10.1111/j.1467-9787.2008.00579.x
State	Published - May 11 2009
Externally published	Yes

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All Science Journal Classification (ASJC) codes

Development
Environmental Science (miscellaneous)

Cite this

Jiwattanakulpaisarn, P., Noland, R. B., Graham, D. J., & Polak, J. W. (2009). Highway infrastructure investment and county employment growth: A dynamic panel regression analysis. Journal of Regional Science, 49(2), 263-286. https://doi.org/10.1111/j.1467-9787.2008.00579.x

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10.1111/j.1467-9787.2008.00579.x