Roads and Trade: Evidence from the US

Gilles Duranton, Peter Morrow and Matthew Turner

The Review of Economic Studies, 2014, vol. 81, issue 2, 681-724

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.

Date: 2014
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Working Paper: Roads and Trade: Evidence from the US (2013)
Working Paper: Roads and Trade: Evidence from the U.S (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:oup:restud:v:81:y:2014:i:2:p:681-724

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