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Working paper 479
Gilles Duranton, Peter Morrow, Matthew Turner, "Roads and Trade: Evidence from the U.S.", 2013-03-08
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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, transportation costs, trade and specializartion

JEL Classification: F14, R41, R49