Re-Examining Linkages between Surface Transportation Infrastructure and Economic Performance: A Panel Granger Causality Test on the Northeast Corridor

16 Pages Posted: 17 Aug 2012

See all articles by Zhenhua Chen

Zhenhua Chen

The Ohio State University-City and Regional Planning

Kingsley E. Haynes

Schar School of Policy and Government, George Mason University

Date Written: August 9, 2012

Abstract

This paper investigates causal linkages between surface transportation infrastructures and economic performance in the northeast corridor in the United States. To improve the validity of estimation, financial data of highways, public rail and transit are measured in real dollar values. The panel Granger causality test shows that the endogeneity between transportation input and the regional economic output does not exist with statistical significance in this analysis. Transportation infrastructures are found to “Granger cause” the change of employment and personal income per capita whereas the reversed effects are not found.

Keywords: Economic Performance, Transportation, Northeast Corridor, Panel Granger Causality Test

Suggested Citation

Chen, Zhenhua and Haynes, Kingsley E., Re-Examining Linkages between Surface Transportation Infrastructure and Economic Performance: A Panel Granger Causality Test on the Northeast Corridor (August 9, 2012). GMU School of Public Policy Research Paper No. 2013-02, Available at SSRN: https://ssrn.com/abstract=2130832 or http://dx.doi.org/10.2139/ssrn.2130832

Zhenhua Chen (Contact Author)

The Ohio State University-City and Regional Planning ( email )

275 West Woodruff Avenue
Columbus, OH 43210-1138
United States

HOME PAGE: http://u.osu.edu/chen.7172/

Kingsley E. Haynes

Schar School of Policy and Government, George Mason University ( email )

Founders Hall
3351 Fairfax Dr.
Arlington, VA 22201
United States

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