Ng, Chen Feng; Frey, Elaine F. - In: Economics Bulletin 33 (2013) 4, pp. 2518-2527
The U.S. economic recession in 2007 coincided with rising oil prices and an overall decline in traffic volume nationwide. This paper examines how the economic downturn, diesel prices, and other factors affected truck traffic on the Long Beach Freeway, which connects the Ports of Los Angeles and...