@article{Hicks:243969,
      recid = {243969},
      author = {Hicks, Michael J.},
      title = {Estimating the Impact of Highways on Economic Activity:  Evidence from Appalachian Development Corridor G},
      journal = {Journal of Regional Analysis and Policy},
      address = {2014},
      number = {1100-2016-90126},
      year = {2014},
      abstract = {This paper analyzes the economic impact of an Appalachian  Development Highway (Corridor G) on small business activity  using two modeling approaches. The first model eval-uates  aggregate economic growth along Corridor G and in the  surrounding counties. This es-timate provides no evidence  of increased economic activity in adjacent counties due to  com-pletion of Corridor G. In order to account for the  imprecision of an aggregate estimate, a sec-ond study of  over 7,000 firms in the region was performed. This  firm-level analysis indicates that proximity to the roadway  improves productivity by roughly 1 percent per mile, but  only in rural areas. This result suggests that a discrete  public infrastructure investment may im-prove productivity  in rural firms.},
      url = {http://ageconsearch.umn.edu/record/243969},
      doi = {https://doi.org/10.22004/ag.econ.243969},
}