Distributed lag effects of transportation expenditures on rural income and employment Academic Article uri icon

abstract

  • Effects of transportation expenditures on US income and employment were evaluated using polynomial distributed lags. Results indicate that a 1% increase in transportation expenditures increased farm income in rural areas by 1.94% distributed over 4 yr, and nonfarm income by 0.86% distributed over 6 yr. Similar positive results were found for farm and nonfarm employment in rural areas distributed over 9 yr. -Authors

author list (cited authors)

  • Crane, L. M., & Leatham, D. J.

publication date

  • January 1993