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Public highway spending and state spillovers in the USA

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The empirical results reported in this paper suggest that only about 20% of the aggregate effects of public investment in highways in the US are captured by the direct effects on each state output of public investment in the state itself.

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Pereira, Alfredo M.; Andraz, Jorge M.Public highway spending and state spillovers in the USA, Applied Economics Letters, 11, 12, 785-788, 2004

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Taylor & Francis

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