Contribution of transportation investments to county output

Kaan Ozbay; Dilruba Ozmen-Ertekin; Joseph Berechman

doi:10.1016/j.tranpol.2007.03.004

Contribution of transportation investments to county output

Kaan Ozbay, Dilruba Ozmen-Ertekin, Joseph Berechman

Research output: Contribution to journal › Article › peer-review

Abstract

The impact of highway investments on economic development is investigated. Spatial and temporal aspects of transportation investments are studied by analyzing lagged and spillover effects, and the contribution of past output levels to the current output using a dynamic model. County level data from 1990-2000, in New York/New Jersey metropolitan area is used. Results show that the spillover effects decrease with distance from the investment location, that there is a positive time lag effect between the time the investment is made and its impact on output, and that the current level of output depends heavily on past levels.

Original language	English (US)
Pages (from-to)	317-329
Number of pages	13
Journal	Transport Policy
Volume	14
Issue number	4
DOIs	https://doi.org/10.1016/j.tranpol.2007.03.004
State	Published - Jul 2007

Keywords

Causality
Dynamic effects
Highway capital
Highway investment
Lagged variables
Private capital
Spillover effects

ASJC Scopus subject areas

Geography, Planning and Development
Transportation

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10.1016/j.tranpol.2007.03.004

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title = "Contribution of transportation investments to county output",

abstract = "The impact of highway investments on economic development is investigated. Spatial and temporal aspects of transportation investments are studied by analyzing lagged and spillover effects, and the contribution of past output levels to the current output using a dynamic model. County level data from 1990-2000, in New York/New Jersey metropolitan area is used. Results show that the spillover effects decrease with distance from the investment location, that there is a positive time lag effect between the time the investment is made and its impact on output, and that the current level of output depends heavily on past levels.",

keywords = "Causality, Dynamic effects, Highway capital, Highway investment, Lagged variables, Private capital, Spillover effects",

author = "Kaan Ozbay and Dilruba Ozmen-Ertekin and Joseph Berechman",

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T1 - Contribution of transportation investments to county output

AU - Ozbay, Kaan

AU - Ozmen-Ertekin, Dilruba

AU - Berechman, Joseph

PY - 2007/7

Y1 - 2007/7

N2 - The impact of highway investments on economic development is investigated. Spatial and temporal aspects of transportation investments are studied by analyzing lagged and spillover effects, and the contribution of past output levels to the current output using a dynamic model. County level data from 1990-2000, in New York/New Jersey metropolitan area is used. Results show that the spillover effects decrease with distance from the investment location, that there is a positive time lag effect between the time the investment is made and its impact on output, and that the current level of output depends heavily on past levels.

AB - The impact of highway investments on economic development is investigated. Spatial and temporal aspects of transportation investments are studied by analyzing lagged and spillover effects, and the contribution of past output levels to the current output using a dynamic model. County level data from 1990-2000, in New York/New Jersey metropolitan area is used. Results show that the spillover effects decrease with distance from the investment location, that there is a positive time lag effect between the time the investment is made and its impact on output, and that the current level of output depends heavily on past levels.

KW - Causality

KW - Dynamic effects

KW - Highway capital

KW - Highway investment

KW - Lagged variables

KW - Private capital

KW - Spillover effects

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DO - 10.1016/j.tranpol.2007.03.004

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SN - 0967-070X

VL - 14

SP - 317

EP - 329

JO - Transport Policy

JF - Transport Policy

IS - 4

ER -

Contribution of transportation investments to county output

Abstract

Keywords

ASJC Scopus subject areas

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