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We propose a theory-inspired measure of the accessibility of a city's center: the size of the surrounding area from … comes at the cost of less green space, more congestion, and worse health and pollution externalities …
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The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise. We find each additional truck on the road increases the risk of a truck accident – but also, at an even higher rate, the risk of a car-on-car collision. Our estimates imply two...
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