Dynamics of Transport Infrastructure, Exports and Economic Growth in the United States
作者： Tingting Tong , T. Edward Yu , Roland K. Roberts
DOI: 10.5399/OSU/JTRF.53.1.4204
关键词:
摘要: This paper focuses on the dynamic relationships among transport infrastructure, exports and economic growth in United States using a multivariate time-series analysis. Results suggest that formation of highways streets affects indirectly through enhancing capital stock non-transport infrastructure crowding private capital. The reverse causality from output to highway street is observed. Aggregate excluding national defense, has sustainable positive effects over number years. Empirical evidence also shows Granger cause exports.
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