Real Estate Papers

Document Type

Journal Article

Date of this Version

2014

Publication Source

The Review of Economic Studies

Volume

81

Issue

2

Start Page

681

Last Page

724

DOI

10.1093/restud/rdt039

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.

Copyright/Permission Statement

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

Keywords

interstate highways, transportation costs, trade and specialization

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Date Posted: 27 November 2017

This document has been peer reviewed.