Distributed lag effects of transportation expenditures on rural income and employment
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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.