{"product_id":"the-effects-of-infrastructure-on-regional-economic-performance-us-states-vs-metropolitan-areas-9783639038446","title":"The Effects of Infrastructure on Regional Economic Performance: US STATES vs METROPOLITAN AREAS","description":"\u003cp\u003e • Author(s): Soojung Kim\u003cbr\u003e • Publisher: VDM Verlag Dr. Mueller E.K.\u003cbr\u003e • Publisher Imprint: VDM Verlag Dr. Mueller E.K.\u003cbr\u003e • BISAC: Infrastructure\u003c\/p\u003e\u003cp\u003eThis study explores the relationship of highway infrastructure and regional economic growth using a labor market model of net migration. Typical net migration model is revised adding variables of demand and supply indicators of highway infrastructure and tested at the U.S. state- and metropolitan areas. This study found positive effects of highway infrastructure on state economic performance; both, the highway services demand indicator and the highway supply indicator performed as expected. Elasticity of net in-migration with respect to the per capita lanemiles of supply measure was between 0.129 and 0.454 and the elasticity with respect to vehicle-miles-traveled per lanemile of congestion measure was between - 0.511 and -0.015. The effects of the highway indicators are, however, weak at the MSA-level analysis, suggesting that highway infrastructure benefits spill over metro area boundaries and are experienced at a wider geographic scale.\u003c\/p\u003e","brand":"VDM Verlag Dr. Mueller E.K.","offers":[{"title":"Paperback","offer_id":47611012874391,"sku":"9783639038446","price":4513.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783639038446.webp?v=1775068549","url":"https:\/\/atlanticbooks.com\/products\/the-effects-of-infrastructure-on-regional-economic-performance-us-states-vs-metropolitan-areas-9783639038446","provider":"Atlantic Books","version":"1.0","type":"link"}