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dc.contributor.authorKnoll, Joanna G.en_US
dc.date.accessioned2011-08-06T14:46:24Z
dc.date.available2011-08-06T14:46:24Z
dc.date.issued2004-02-05en_US
dc.identifier.otheretd-03102004-181257en_US
dc.identifier.urihttp://hdl.handle.net/10919/9734
dc.description.abstractThis thesis seeks to construct an empirical model of highway finance in the United States, and in particular, to examine the relationship between highway-user revenues and highway spending. It provides a general overview of the current highway system, including the federal-aid highway program, and the flow of highway funds between different levels of government. It also examines issues relating to highway-user revenues. A review of the literature failed to provide any "standard" model of highway spending and no previous studies of spending across all levels of government. Using data from the 50 states and the District of Columbia over the three-year period 1998-2000, regressions were run on the dollars spent on highways in each state from all levels of government. The independent variables included highway-user revenues (as defined by the Federal Highway Administration) in each state from all levels of government, lane-miles, daily vehicle-miles of traffic, land area, percent of land area classified as urban, population, gross state product, annual average wage, percent of traffic consisting of trucks, and average winter temperature. OLS estimates using the classical linear regression model were found to be unreliable, and attempts at using a growth rate model provided poor overall fit. Opportunities for future research are identified, as this is an important issue that should be of interest in public policy decision-making.en_US
dc.format.mediumETDen_US
dc.publisherVirginia Techen_US
dc.relation.haspartThesis.pdfen_US
dc.rightsI hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to Virginia Tech or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report.en_US
dc.subjectstate highway financeen_US
dc.subjecthighway-user revenuesen_US
dc.subjecthighway taxesen_US
dc.subjecthighway spendingen_US
dc.subjecthighway fundingen_US
dc.subjecthighway expendituresen_US
dc.titleHighway Finance in the United States: An Empirical Modelen_US
dc.typeThesisen_US
dc.contributor.departmentEconomicsen_US
dc.description.degreeMaster of Artsen_US
thesis.degree.nameMaster of Artsen_US
thesis.degree.levelmastersen_US
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen_US
thesis.degree.disciplineEconomicsen_US
dc.contributor.committeechairLutz, Nancy A.en_US
dc.contributor.committeememberAshley, Richard A.en_US
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-03102004-181257en_US
dc.date.sdate2004-03-10en_US
dc.date.rdate2004-03-15
dc.date.adate2004-03-15en_US


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