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

Contributor(s): Shatz, Howard J | Rand Transportation, Space, and Technology (Program)Material type: Text

TextSeries: Rand Corporation monograph seriesPublication details: Santa Monica, CA : Rand Corp., 2011. Description: 1 online resource (xxiv, 90 pages) : illustrationsContent type: text Media type: computer Carrier type: online resourceISBN: 9780833052254; 083305225XSubject(s): Infrastructure (Economics) -- United States | Roads -- United States | BUSINESS & ECONOMICS -- Infrastructure | SOCIAL SCIENCE -- General | POLITICAL SCIENCE -- Public Policy -- City Planning & Urban Development | Infrastructure (Economics) | Roads | United States | Economic policy | Economic impacts | Economic benefits | Highways | Business & Economics | Transportation Economics | Economic HistoryGenre/Form: Electronic books. | Electronic books. | Electronic books. Additional physical formats: Print version:: Highway infrastructure and the economy.DDC classification: 363.0973 LOC classification: HC110.C3 | H545 2011ebOnline resources: Click here to access online

Contents:

Introduction -- The effects of highway infrastructure on economic activity -- A meta-analysis of the literature cited -- Conclusions: Policy implications and future research -- Appendix A: Meta-analysis of the papers reviewed.

Summary: 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 first 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. Then, they conduct a formal quantitative meta-analysis to discern more clearly why the literature has produced its current findings about infrastructure and the economy. After discussing these findings, they consider the implications for federal highway policy and for future research.

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Includes bibliographical references (pages 81-90).

Print version 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 first 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. Then, they conduct a formal quantitative meta-analysis to discern more clearly why the literature has produced its current findings about infrastructure and the economy. After discussing these findings, they consider the implications for federal highway policy and for future research.