Highway infrastructure and the economy : implications for federal policy / / Howard J. Shatz ... [et al.].

• Author: Rand Transportation, Space, and Technology (Program); Shatz, Howard J.
• TeilnehmendeR: Shatz, Howard J.; Rand Transportation, Space, and Technology (Program)
• Year of Publication: 2011
• Edition: 1st ed.
• Language: English
• Series: Rand Corporation monograph series Highway infrastructure and the economy
• Physical Description: 1 online resource (115 p.)
• Notes: Description based upon print version of record.

To inform debate on a new transportation bill being considered, the authors review the literature on the economic outcomes of highway infrastructure spending, which constitutes the largest share of federal spending on transportation infrastructure. They highlight the connections between highway spending and the economy and then analyze the literature to trace the effects of highway infrastructure on productivity, output, and employment.

Table of Contents

Cover; Title Page; Copyright; Preface; Contents; Figures and Tables; Summary; Acknowledgments; Abbreviations; Chapter One Introduction; The Federal Government's Link Between Transportation and the Economy; Calls to Reform U.S. Transportation Policy; Federal Participation in Transportation Infrastructure Financing Since the 1950's; Current Issues in Federal Highway Spending and Policy; The United States Is Not Alone; The Plan for This Monograph; Chapter Two The Effects of Highway Infrastructure on Economic Activity; Literature Selection; National-Level Analysis and the Interstate Highway System

The Nadiri and Mamuneas Study for the Federal Highway Administration Summing Up National-Level Research; State-Level Analysis of Effects; Summing Up Research on State-Level Effects; Local Effects Analysis; Studies of Local Geographic Areas Across States; Roads Within States; Roads Within Metropolitan Areas; Summing Up Research on Local Effects; Evidence from International Comparisons; Summing Up International Comparisons; Interim Conclusions on the Literature Review; Chapter Three A Meta-Analysis of the Literature Cited; Results of the Meta-Analysis; Summing Up the Meta-Analysis

Summing Up the Literature on Transportation and the Economy Chapter Four Conclusions: Policy Implications and Future Research; Policy Implications; Different Outcomes for Different Situations: Targeting Transportation Investments.; Spillovers Can Create Winners and Losers; Federal Support for Widespread Versus Local Effects; New Directions for Research; Concluding Thoughts; Appendix: A Meta-Analysis of the Papers Reviewed; Bibliography