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 journalArticle

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 languageEnglish (US)
Pages (from-to)263-286
Number of pages24
JournalJournal of Regional Science
Volume49
Issue number2
DOIs
StatePublished - May 11 2009
Externally publishedYes

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All Science Journal Classification (ASJC) codes

  • Development
  • Environmental Science (miscellaneous)

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