Roads and Trade: Evidence from the US

We estimate the effect of interstate highways on the level and composition of trade for us cities. Highways within cities have a large effect on the weight of city exports with an elasticity of approximately 0.5. We find little effect of highways on the total value of exports. Consistent with this, we find that cities with more highways specialize in sectors producing heavy goods.

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Year of publication:	2013-03
Authors:	Duranton, Gilles ; Morrow, Peter ; Turner, Matthew A
Institutions:	C.E.P.R. Discussion Papers
Subject:	interstate highways \| trade and specialisation \| transport costs

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 9393
Classification:	F14 - Country and Industry Studies of Trade ; R41 - Transportation: Demand; Supply; Congestion; Safety and Accidents ; R49 - Transportation Systems. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011083314