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On the effects of highway investment on the regional concentration of economic activity in the USA

机译:关于高速公路投资对美国经济活动区域集中的影响

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摘要

The empirical results in this note are based on state-level VAR estimates using private output, employment, and investment, as well as different measures of highway investment to capture, for each state, both the direct effects of highway investment in the state itself and spillover effects of highway investment in other states. Empirical results suggest that the largest states tend to also be the biggest beneficiaries of highway investments which means that highway investment has not only contributed to regional concentration of economic activity but has done so in many of the largest states thereby contributing to regional asymmetries in the country.
机译:本说明中的实证结果基于使用私人产出,就业和投资的州级VAR估算,以及高速公路投资的不同衡量标准,以获取每个州的高速公路投资对州本身和州的直接影响。高速公路投资在其他州的溢出效应。实证结果表明,最大的州往往也是高速公路投资的最大受益者,这意味着高速公路投资不仅促进了经济活动的区域集中,而且在许多最大的州都做出了贡献,从而加剧了该国的区域不对称性。 。

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