Airport cities – concentrations of employment – may have emerged near the major airports of large metropolitan areas. As the U.S. economy is nearly three times as air-intensive as it was in the 1950s, the “aerotropolis” thesis holds that airport cities are a direct consequence of...

Airport area planning founders on the lack of a basis for realistic projections of future employment. Using a commercial establishment database including detailed data on location, activities (sector), establishment type, and employment for the 62 airports with scheduled passenger service in the...

We examine empirically cross-fertilization in the productivity growth of banks between a state and its neighboring and non-neighboring states before (1971-1977) and during (1982-1995) the interstate multibank holding company (IMBHC) deregulations, upon which, cross-border bank M&As, mainly among...

Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size, combined with finite plant counts. As a result, economies...

We incorporate arguments from the Tiebout model into the regulatory competition equilibrium and study cross-fertilization in the productivity growth of banks between those in a state and others in this state's neighboring states. Empirically, we focus on two time periods: before (i.e.,...

This paper will argue that it is imperative regulations on UAVs address cybersecurity and privacy issues in order to remain on the forefront of technology within the aviation industry. Although it may seem like it is more important to establish basic laws on UAS, legislators need to work...

This paper examines the housing affordability conditions of the low and moderate income rental households in the United States between 1980 and 2010. Using Integrated Public Use Census Microdata Samples (IPUMS) 5% sample data, we create income and rent distribution for households separately for...

With the election of a new government, intercity passenger rail, which had faded for years, is now back on President Obama's agenda. Technological innovation has brought focus to high speed intercity passenger rail transportation. This new focus has revealed too many people who are tired of...

The development of high speed rail infrastructures in the US faces a great challenge given the concern of economic viability and political complexity. However, a deeper investigation reveals that most of these concerns and complexity issues can be explained from a cultural perspective, which...

As urbanized areas have grown across the United States, roads have quickly developed with them. Yet many cities have developed this infrastructure at the cost of failing to adequately fund urban mass transit, in spite of the important services it provides for the poor, commuters, and the...