Full Citation

Title: Does traffic congestion reduce employment growth?

Citation Type: Journal Article

Publication Year: 2009

ISBN:

ISSN:

DOI:

NSFID:

PMCID:

PMID:

Abstract: This paper examines the impact of traffic congestion on employment growth in large U.S. metropolitan areas. An historic highway plan and political variables serve as instruments for endogenous congestion. The results show that high initial levels of congestion dampen subsequent employment growth. This finding suggests that increasing the efficiency of public infrastructure can spur local economies. Counterfactual estimates show that the employment-growth returns from modest capacity expansion or congestion pricing are substantial.

User Submitted?: No

Authors: Hymel, Kent

Periodical (Full): Journal of Urban Economics

Issue:

Volume: 65

Pages: 127-135

Data Collections: IPUMS USA

Topics: Housing and Segregation, Labor Force and Occupational Structure

Countries: