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Title: The impact of transport infrastructure investment on regional employment : an empirical investigation
Author: Jiwattanakulpaisarn, Piyapong
ISNI:       0000 0001 3590 7647
Awarding Body: Imperial College London
Current Institution: Imperial College London
Date of Award: 2008
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Over the past decades, substantial attempts have been made to empirically investigate whether investments in transport infrastructure can generate job opportunities throughout an economy. Previous research has provided mixed and inconclusive evidence. One possible reason is that previous work has generally suffered from several methodological drawbacks. In theory, improvements in transport infrastructure could have long-term economic impacts by influencing both firm and household decisions that can affect employment. The employment effect may take place at several points in time and space, and could vary considerably across different sectors of the economy. Provision of transport infrastructure is also endogenous; therefore, the causal relationship between transport investment and employment may be ambiguous. These issues, while acknowledged in the literature, have not been adequately addressed in empirical studies. This dissertation explores the empirical relationship between highway infrastructure investment and regional employment. Using panel data for the 48 contiguous US states and the county level panel data for the State of North Carolina, recent advances in dynamic panel and spatial econometric methods are applied to sort out this relationship in time and space. To provide a better understanding of the causal linkages between highway infrastructure and regional employment, this dissertation presents a first attempt to ��?���·examine the causal and spatial spillover effects of highways on employment in various sectors of the economy. The scope of the thesis' contribution also extends to the study of transport infrastructure and economic productivity by examining the effect of highway capacity additions on private sector output. The findings of this dissertation have several important implications on policy and methodologies used to estimate economic development impacts from highway infrastructure investments, and overall assessment of capacity additions.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available