Duranton, Gilles; Morrow, Peter M.; Turner, Matthew A. - In: Review of Economic Studies 81 (2014) 2, pp. 681-724
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...