Date of this Version
The Review of Economic Studies
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.
This is a pre-copyedited, author-produced PDF of an article accepted for publication in The Review of Economic Studies following peer review. The version of record is available online at: http://restud.oxfordjournals.org/content/81/2/681.abstract
interstate highways, transportation costs, trade and specialization
Duranton, G., Morrow, P. M., & Turner, M. A. (2014). Roads and Trade: Evidence from the US. The Review of Economic Studies, 81 (2), 681-724. http://dx.doi.org/10.1093/restud/rdt039
Date Posted: 27 November 2017
This document has been peer reviewed.