Whatever floats your vote: understanding voter support for public port infrastructure investments
Ports are a cornerstone of the local, state, and national economy, especially for coastal cities. However, ports face growing economic challenges that require infrastructure financing, and a relevant avenue of securing funds is through government assistance via bond issues. We examine voter support for the public financing of port infrastructure investments using a 2016 referendum in Rhode Island. Through our multiple regression voting model, we find strong evidence that public spending on ports in Rhode Island was more of a bipartisan issue compared to other public financing efforts on the ballot. Additionally, neighborhoods with a larger minority presence and those with higher median per capita income were more likely to support port development. In contrast, areas with a higher homeowner population and those communities farther from ports were less likely to support port spending. As a key novelty to our paper, we use our voting model results to forecast how a hypothetical port infrastructure bond might fare in other states, and find that regardless of socioeconomic and political differences, all coastal states in the US would be expected to pass a port referendum.
- Record URL:
-
Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/2899960
-
Supplemental Notes:
- © 2020 Informa UK Limited, trading as Taylor & Francis Group 2020. Abstract reprinted with permission of Taylor & Francis.
-
Authors:
- VanCeylon, Jarron
- Lang, Corey
- Becker, Austin
- Publication Date: 2020-11
Language
- English
Media Info
- Media Type: Web
- Features: References;
- Pagination: pp 969-984
-
Serial:
- Maritime Policy & Management
- Volume: 47
- Issue Number: 8
- Publisher: Taylor & Francis
- ISSN: 0308-8839
- EISSN: 1464-5254
- Serial URL: http://www.tandfonline.com/loi/tmpm20
Subject/Index Terms
- TRT Terms: Bonds; Financing; Forecasting; Infrastructure; Investments; Multiple regression analysis; Ports; Public opinion
- Geographic Terms: Rhode Island
- Subject Areas: Marine Transportation; Policy; Society; Terminals and Facilities;
Filing Info
- Accession Number: 01760420
- Record Type: Publication
- Files: TRIS
- Created Date: Dec 21 2020 10:02AM