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Title:

EMPIRICAL STUDY OF ECONOMIC SPILLOVERS OF INTERSTATE 105 IN LOS ANGELES COUNTY

Accession Number:

00978411

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States
Order URL: http://www.trb.org/Main/Public/Blurbs/155182.aspx

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Order URL: http://worldcat.org/isbn/0309094577

Abstract:

Many researchers agree that at this time new investments in highways in the United States have little impact on overall growth in output. New highways play a more important role in shifting economic activities among places, drawing jobs from other locations into the highway corridors--a phenomenon known as negative spillovers. Testing the hypothesis of economic spillovers of highway investment at the metropolitan level is the objective. Empirical tests of the spillover hypothesis are conducted with census tracts as the unit of observation. Results of the quasi-experiment reveal census tract employment growth patterns that confirm the existence of negative spillovers caused by the 1993 opening of Los Angeles County's Interstate 105. The benefiting area, which is limited to a long narrow corridor around the highway, grew substantially after the highway was opened, while nearby locations outside the corridor experienced slow growth relative to the rest of the metropolitan area, after controlling for various factors. These results show that negative spillovers from new highways are present not only at the aggregate geographic level, such as states or counties, as demonstrated in the literature, but also at the highly localized level, that is, in a metropolitan area.

Supplemental Notes:

This paper appears in Transportation Research Record No. 1864, Transportation Finance, Economics, and Economic Development 2004.

Monograph Accession #:

00978398

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Chalermpong, S

Pagination:

p. 94-102

Publication Date:

2004

Serial:

Transportation Research Record

Issue Number: 1864
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

0309094577

Features:

Figures (2) ; References (8) ; Tables (6)

Uncontrolled Terms:

Economic spillovers

Subject Areas:

Economics; Highways; Society; I10: Economics and Administration

Files:

TRIS, TRB, ATRI

Created Date:

Sep 8 2004 12:00AM

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