Search Results
                                                                                    Working Paper
                                                                                
                                            Multimodal Transport Networks
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    We examine the economic and environmental impacts of improvements and disruptions in multimodal transport networks. Our quantitative spatial equilibrium model incorporates routing over multiple modes and congestion at intermodal terminals. We estimate a modal substitution elasticity with highway and rail data and a terminal congestion elasticity with vessel-positioning data. Calibrated to the US freight network, our model identifies key bottlenecks and quantifies $300 million–$700 million in additional real GDP gains from intermodal terminal improvements. These gains are 2.5 times higher ...
                                                                                                
                                            
                                                                                
                                    
                                                                                    Working Paper
                                                                                
                                            Freeway Revolts!
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Freeway revolts were widespread protests across the U.S. following early urban Interstate construction in the mid-1950s. We present theory and evidence from panel data on neighborhoods and travel behavior to show that diminished quality of life from freeway disamenities inspired the revolts, a?ected the allocation of freeways within cities, and changed city structure. First, actual freeway construction diverged from initial plans in the wake of the growing freeway revolts and subsequent policy responses, especially in central neighborhoods. Second, freeways caused slower growth in population, ...
                                                                                                
                                            
                                                                                
                                    
                                                                                    Working Paper
                                                                                
                                            Accounting for Central Neighborhood Change, 1980-2010
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Neighborhoods within 2 km of most central business districts of U.S. metropolitan areas experienced population declines from 1980 to 2000 but have rebounded markedly since 2000 at greater pace than would be expected from simple mean reversion. Statistical decompositions reveal that 1980-2000 departures of residents without a college degree (of all races) generated most of the declines while the return of college educated whites and the stabilization of neighborhood choices by less educated whites promoted most of the post-2000 rebound. The rise of childless households and the increase in the ...
                                                                                                
                                            
                                                                                
                                    
                                                                                    Working Paper
                                                                                
                                            Multimodal Transport Networks
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    The movement of goods from origin to destination takes place over multiple modes of transportation. Correspondingly, intermodal terminals play an important role in facilitating transportation over the multimodal network. This paper studies multimodal transport networks and their impact on infrastructure investments. We propose a tractable theory of transportation across domestic transportation networks with multiple modes of transportation by embedding multimodal routes into a spatial equilibrium model with endogenous stochastic route choice. We calibrate the model to US domestic freight ...
                                                                                                
                                            
                                                                                
                                    
                                                                                    Working Paper
                                                                                
                                            Freeway Revolts! The Quality of Life Effects of Highways
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Why do freeways affect spatial structure? We identify and quantify the local disamenity effects of freeways. Freeways cause slower growth in central neighborhoods (where local disamenities exceed regional accessibility benefits) compared with outlying neighborhoods (where access benefits exceed disamenities). A quantitative model calibrated to Chicago attributes one-third of the effect of freeways on central-city decline to reduced quality of life. Barrier effects are a major factor in the disamenity value of a freeway. Local disamenities from freeways, as opposed to their regional ...
                                                                                                
                                            
                                                                                
                                    
                                                                                    Working Paper
                                                                                
                                            Evaluating Transportation Improvements Quantitatively: A Primer
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    How do we evaluate the welfare gains from transportation infrastructure investment? We present a quantitative spatial framework that integrates both traffic and economic responses to infrastructure investment and derive the elasticity of aggregate welfare to improvements in the transportation network. This approach extends the traditional "social savings" method to incorporate agglomeration and dispersion externalities and endogenous traffic congestion. We calibrate the model to the US freight transport network and assess the welfare impact of upgrading segments of the US Interstate Highway ...