| 000 -LEADER |
| fixed length control field |
01004pab a2200193 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
180718b2009 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Hymel, Kent |
| 245 ## - TITLE STATEMENT |
| Title |
Does traffic congestion reduce employment growth? |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
| Date of publication, distribution, etc. |
2009 |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
p.127-35. |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
| Dates of publication and/or sequential designation |
Mar |
| 520 ## - SUMMARY, ETC. |
| Summary, etc. |
This paper examines the impact of traffic congestion on employment growth in large US metropolitan arfeas. 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. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Transport |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Urban development |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Employment |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Journal of Urban Economics |
| 908 ## - PUT COMMAND PARAMETER (RLIN) |
| Put command parameter |
N |
| 909 ## - |
| -- |
83173 |