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 | |
| State | Published - May 11 2009 |
| Externally published | Yes |
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All Science Journal Classification (ASJC) codes
- Development
- Environmental Science (miscellaneous)
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Highway infrastructure investment and county employment growth : A dynamic panel regression analysis. / Jiwattanakulpaisarn, Piyapong; Noland, Robert; Graham, Daniel J.; Polak, John W.
In: Journal of Regional Science, Vol. 49, No. 2, 11.05.2009, p. 263-286.Research output: Contribution to journal › Article
TY - JOUR
T1 - Highway infrastructure investment and county employment growth
T2 - A dynamic panel regression analysis
AU - Jiwattanakulpaisarn, Piyapong
AU - Noland, Robert
AU - Graham, Daniel J.
AU - Polak, John W.
PY - 2009/5/11
Y1 - 2009/5/11
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=65449149037&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=65449149037&partnerID=8YFLogxK
U2 - 10.1111/j.1467-9787.2008.00579.x
DO - 10.1111/j.1467-9787.2008.00579.x
M3 - Article
VL - 49
SP - 263
EP - 286
JO - Journal of Regional Science
JF - Journal of Regional Science
SN - 0022-4146
IS - 2
ER -