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Political economy of infrastructure investment: Evidence from the economic stimulus airport grants
Economics of Transportation ( IF 2.2 ) Pub Date : 2018-02-01 , DOI: 10.1016/j.ecotra.2017.12.003
Volodymyr Bilotkach

We study impact of the political factors behind allocation of airport infrastructure grants under the American Recovery and Reconstruction Act (ARRA) of 2009. We find that – controlling for other factors – airports located in the districts with the larger Obama-McCain vote differential in November 2008 election received larger ARRA grants. At the same time, the district level election results are poor predictors of whether an airport will receive the grant. Senators' party affiliation and representatives' membership in the House Committee on Transportation and Infrastructure also appear as factors explaining allocation of the ARRA grants to the airports, especially in the State level analysis.



中文翻译:

基础设施投资的政治经济学:来自经济刺激计划的证据

我们研究了根据2009年《美国复苏与重建法案》(ARRA)分配机场基础设施拨款背后的政治因素的影响。我们发现,在控制其他因素的情况下,11月位于奥巴马-麦凯恩选票差较大的地区的机场2008年大选获得了较大的ARRA资助。同时,地区级别的选举结果很难预测机场是否将获得赠款。众议院交通和基础设施委员会参议员的党派隶属关系和代表的成员资格也成为解释将ARRA拨款分配给机场的因素,尤其是在州一级的分析中。

更新日期:2018-02-01
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