Public highway spending and state spillovers in the USA

Pereira, AlfredoAndraz, Jorge Miguel2014-06-232014-06-232004Pereira, Alfredo M.; Andraz, Jorge M.Public highway spending and state spillovers in the USA, Applied Economics Letters, 11, 12, 785-788, 20041350-4851AUT: JAN00657;http://hdl.handle.net/10400.1/4461The 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.engPublic highway spending and state spillovers in the USAjournal article2014-06-04