Roads and Trade: Evidence from the US

Gilles Duranton, Matthew Turner and Peter Morrow

No 9393, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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.

Keywords: Interstate highways; Trade and specialisation; Transport costs (search for similar items in EconPapers)
JEL-codes: F14 R41 R49 (search for similar items in EconPapers)
Date: 2013-03
New Economics Papers: this item is included in nep-int, nep-tre and nep-ure
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Citations: View citations in EconPapers (51)

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Related works:
Journal Article: Roads and Trade: Evidence from the US (2014)
Working Paper: Roads and Trade: Evidence from the U.S (2013)
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