Infrastructure Investment in the Railroad Industry: An Econometric Analysis
9 Pages Posted: 17 Jun 2020
Date Written: December 9, 2019
Using Vector Autoregression Model (“VAR”), I find significant, causal relationships between the financial health of the rail industry and its investment behavior. While my analysis by no means addresses the full complexity of the issue, I hope this evidence serves as a valuable contribution to a national debate over rail regulation.
Keywords: railroads, investment, regulation, VAR
JEL Classification: L92
Suggested Citation: Suggested Citation