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Full-Text Articles in Social and Behavioral Sciences

Tolls, Exchange Rates, And Northbound International Bridge Traffic: 1990-2006, Thomas M. Fullerton Jr., Angel L. Molina Jr., Adam G. Walke Apr 2013

Tolls, Exchange Rates, And Northbound International Bridge Traffic: 1990-2006, Thomas M. Fullerton Jr., Angel L. Molina Jr., Adam G. Walke

Border Region Modeling Project

Although there have been a small number of empirical studies that analyze northbound border crossings between Mexico and the United States, very few examine the potential impacts of both tolls and exchange rates on the various traffic categories. This effort attempts to partially fill that gap in the applied economics literature by modeling northbound traffic flows at one of the largest regional economies along the border. Results indicate that business cycle fluctuations, variations in the real exchange rate, and changes in real toll tariffs all influence cross border traffic volumes. Tolls on northbound traffic into the United States are assessed …


Physical Infrastructure And Economic Growth In El Paso: 1976-2009, Thomas M. Fullerton Jr., Azucena González Monzón, Adam G. Walke Feb 2013

Physical Infrastructure And Economic Growth In El Paso: 1976-2009, Thomas M. Fullerton Jr., Azucena González Monzón, Adam G. Walke

Border Region Modeling Project

Prior research on the impacts of public capital stocks on economic growth has generally employed either national macroeconomic or multi-jurisdictional regional data. This study attempts to contribute to this area of the discipline by utilizing time series data for a single metropolitan economy. To allow for both short-run and long-run effects, an error correction modeling framework is used for the empirical analysis. Because comprehensive public infrastructure stocks are not published for El Paso, Texas, estimates for those variables are calculated using information regarding annual public capital investment data. Estimation results indicate that physical infrastructure investment may disrupt short-run economic growth, …