HIGHWAYS AND GLOBALIZATION Journal Article

• Best Open Access

Overview

abstract

• AbstractThis article quantifies the value of U.S. highways. We develop a multisector general equilibrium model with many locations in the United States (i.e., counties) and many countries. In the model, producers choose shipping routes subject to domestic and international trade costs, endogenous congestion, and port efficiency at international transshipment points. Applying the model, we find that removing the Interstate Highway System reduces real GDP by $421–$578 billion. The results highlight the gains from intersectoral and international trade as well as the role of domestic transportation infrastructure in shaping regional comparative advantage.

CU Boulder Authors

• Jaworski, Taylor Allen
• Nigai, Sergey K

publication date

• November 1, 2023

has restriction

• green

Date in CU Experts

• November 2, 2023 8:39 AM

Full Author List

• Jaworski T; Kitchens C; Nigai S

author count

• 3

published in

• International Economic Review  Journal

Other Profiles

International Standard Serial Number (ISSN)

• 0020-6598

Electronic International Standard Serial Number (EISSN)

• 1468-2354

Digital Object Identifier (DOI)

• https://doi.org/10.1111/iere.12640

Additional Document Info

start page

• 1615

end page

• 1648

volume

• 64

issue

• 4