Subject: instrumental variables; public transport; transportation; urban growth | urban growth, transportation, public transport, instrumental variables
jel: jel:L91 | jel:R11 | jel:N70 | jel:R49
mesheuropmc: human activities
We estimate the effects of major roads and public transit on the growth of major cities in the US between 1980 and 2000. We find that a 10% increase in a city’s stock of roads causes about a 2% increase in its population and employment and a small decrease in its share ... View more
11See Mertz (undated) and Mertz and Ritter (undated) as well as other sources cited in Chandra and Thompson (2000), Michaels (2008), and Baum-Snow (2007).
12This omission is understandable because the number of cars in the US in 1947 was less than 40 million against nearly four times as many in 1980.
Acemoglu, Daron, Simon Johnson, and James A. Robinson. 2001. The colonial origins of economic development: An empirical invetsigation. American Economic Review 110(5):1369-1401.
Durlauf, Steven N., Paul A. Johnson, and Jonathan W. Temple. 2005. Growth econometrics. In Philippe Aghion and Steven N. Durlauf (eds.) Handbook of Economic Growth, volume 1A. Amsterdam: North-Holland, 555-677.
Horan, Patrick M. and Peggy G. Hargis. 1995. County Longitudinal Template, 1840-1990. Ann Arbor, MI: Inter-university Consortium for Political and Social Research ( ICPSR 6576).
Keeler, Theodore E. and Kenneth A. Small. 1977. Optimal peak-load pricing, investment, and service level on urban expressways. Journal of Political Economy 85(1):1-25.
Kopecky, Karen A. and Richard M. H. Suen. 2006. Suburbanization and the automobile. Processed, University of Rochester.
Lucas, Robert E. Jr. 1988. On the mechanics of economic development. Journal of Monetary Economics 22(1):3-42.