On This PageVol. 14, No. 5

Highway capacity and economic growth
Last Updated: 09/03/90
This article develops an alternative estimation strategy in order to establish the direction of causation from highway investment to economic growth. Specifically, this article searches for a connection between the level of highway capacity and the growth rate of per capita output. The following section lays out the conceptual approach. The next section contains a description of the data and a discussion of empirical results. The article concludes by offering some suggestions for future research.