Firm inventory behavior and the returns from highway infrastructure investments

Journal of Urban Economics

Volumn 55, Issue 2, 2004, Pages 398-415

  Shirley, Chad ^a   Winston, Clifford ^b  

^a RAND CORPORATION   (United States)

^b BROOKINGS INSTITUTION   (United States)

Author keywords

Highway spending; Inventory behavior; Public capital stock

Indexed keywords

EID: 1642299165     PISSN: 00941190     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jue.2003.11.001     Document Type: Article

References (30)

1. D.A. Aschauer, Is public expenditure productive? Journal of Monetary Economics 23 (1989) 177-200.
2. A.H. Munnell, Why has productivity growth declined? Productivity and public investment, New England Economic Review (January/February) (1990) 3-22.
3. A.H. Munnell, How does public infrastructure affect regional economic performance? New England Economic Review (September/October) (1990) 11-33.
4. M.I. Nadiri, T.P. Mamuneas, The effects of public infrastructure and R&D capital on the cost structure and performance of U.S. manufacturing industries, Review of Economics and Statistics 76 (1994) 22-37.
5. C.R. Hulten, R.M. Schwab, Public capital formation and the growth of regional manufacturing industries, National Tax Journal 44 (1992) 121-135.
6. D. Holtz-Eakin, Public sector capital and the productivity puzzle, Review of Economics and Statistics 76 (1994) 12-21.
7. M.I. Nadiri, Contributions of highway capital to output and productivity growth in the U.S. economy and industries, Report prepared for the Federal Highway Administration Office of Policy Development, 1998.
8. J.G. Fernald, Roads to prosperity? Assessing the link between public capital and productivity, American Economic Review 89 (1998) 619-638.
9. P.O. Demetriades, T.P. Mamuneas, Intertemporal output and employment effects of public infrastructure capital: Evidence from 12 OECD economies, Economic Journal 110 (2000) 687-712.
10. C. Winston, Government failure in urban transportation, Fiscal Studies 21 (2000) 403-425.
11. R.V. Delaney, 12th annual state of logistics report: Managing logistics in a perfect storm, CASS Information Systems, 2000, unpublished company document.
12. A.F. Haughwout, Aggregate production functions, interregional equilibrium, and the measurement of infrastructure productivity, Journal of Urban Economics 44 (1998) 216-227.
13. K.D. West, Estimation and inference in the linear-quadratic inventory model, Journal of Economic Dynamics and Control 18 (1994) 897-908.
14. A.S. Blinder, L.J. Maccini, Taking stock - a critical assessment of recent research on inventories, Journal of Economic Perspectives 5 (1991) 73-96.
15. J. Meyer, M. Peck, J. Stenason, C. Zwick, The Economics of Competition in the Transportation Industries, Harvard, Cambridge, MA, 1959.
16. D. McFadden, C. Winston, A. Boersch-Supan, Joint estimation of freight transportation decisions under nonrandom sampling, in: A.F. Daughety (Ed.), Analytical Studies in Transport Economics, Cambridge Univ. Press, New York, 1985, pp. 137-157.
17. J. Tyworth, A.Z. Zeng, Estimating the effects of carrier transit-time performance on logistics cost and service, Transportation Research A 32 (1998) 89-97.
18. R.H. McGuckin, G.A. Pascoe Jr., The longitudinal research database: Status and research possibilities, Survey of Current Business (November) (1988) 30-37.
19. E. Bartelsman, R. Becker, W. Gray, NBER-CES census manufacturing industry productivity database, 1998, http://www.nber.org.
20. M.E. Bell, T.J. McGuire, Macroeconomic analysis of the linkages between transportation investments and economic performance, national cooperative highway research program, Report No. 389, National Academy Press, Washington, DC, 1997.
21. R.N. Johnson, G. Libecap, Political processes and the common pool problem: The federal highway trust fund, University of Arizona, Department of Economics, Working paper, 2000.
22. United States Department of Transportation, Bureau of Transportation Statistics, Transportation Satellite Accounts: A new way of measuring transportation services in America, Washington, DC, 1999.
23. M.G. Boarnet, Spillovers and the locational effects of public infrastructure, Journal of Regional Science 38 (1998) 381-400.
24. M. Bils, P.J. Klenow, The acceleration in variety growth, American Economic Review 91 (2001) 274-280.
25. R.V. Delaney, Seventh annual state of logistics report: Managing inventory as 'push' comes to 'pull', CASS Information Systems, 1996, unpublished company document.
26. R.V. Delaney, Managerial and financial challenges, Transportation Quarterly January (1986) 36-43.
27. C. Winston, T. Corsi, C. Grimm, C. Evans, The Economic Effects of Surface Freight Deregulation, Brookings Institution, Washington, DC, 1990.
28. D. Evans, Policy and pork: The use of pork barrel projects to build policy coalitions in the house of representatives, American Journal of Political Science 39 (1994) 894-917.
29. T. Watson, Inequality and the rising income segregation of American neighborhoods, Harvard University, Department of Economics, 2002, unpublished paper.
30. K.A. Small, C. Winston, C. Evans, Road Work: A New Highway Pricing and Investment Policy, Brookings Institution, Washington, DC, 1989.