Can national infrastructure spending reduce local unemployment? Evidence from an Australian roads program
Leigh, Andrew; Neill, Christine
Description
We examine the effect of a federally-funded local infrastructure spending program on local unemployment rates. To address the likely funding endogeneity problem, we exploit variation in spending due to pork-barreling, and find that higher government expenditure on roads substantially reduces local unemployment.
Collections | ANU Research Publications |
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Date published: | 2011 |
Type: | Journal article |
URI: | http://hdl.handle.net/1885/70435 |
Source: | Economics Letters |
DOI: | 10.1016/j.econlet.2011.05.037 |
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01_Leigh_Can_national_infrastructure_2011.pdf | 175.91 kB | Adobe PDF | Request a copy |
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