Urban Transport Expansions and Changes in the Spatial Structure of U.S. Cities: Implications for Productivity and Welfare
2020 ◽
Vol 102
(5)
◽
pp. 929-945
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Keyword(s):
Each new radial highway serving large U.S. metropolitan areas decentralized 14% to 16% of central city working residents and 4% to 6% of jobs in the 1960–2000 period. Model calibrations yield implied elasticities of central city total factor productivity to central city employment relative to suburban employment of 0.04 to 0.09, meaning a large fraction of agglomeration economies operates at submetropolitan-area spatial scales. Each additional highway causes central city income net of commuting costs to increase by up to 2.4% and housing cost to decline by up to 1.3%. Factor reallocation toward land in housing production generates the plurality of the population decentralization caused by new highways.
1996 ◽
Vol 28
(10)
◽
pp. 1727-1743
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Keyword(s):
2012 ◽
Vol 52
(3)
◽
pp. 469-485
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Keyword(s):
2020 ◽
Keyword(s):
2016 ◽
Vol 20
(7)
◽
pp. 2629-2647
◽
Keyword(s):
2012 ◽
Vol 8
(S295)
◽
pp. 92-92