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Title

Highways and productivity in manufacturing firms

AuthorsHoll, Adelheid CSIC ORCID
KeywordsHighways
Transportation
Productivity
Agglomerations
Issue Date2016
PublisherElsevier
CitationJournal of Urban Economics 93: 131-151 (2016)
AbstractUsing a geo-coded micro-level panel dataset for Spanish manufacturing firms, I estimate the effect of access to highways on firm-level productivity. To identify the causal effect of highways, I have relied on different fixed-effects specifications, instrumental variables and controls for geography, geology and history. Since highways also attract economic activity, leading to local density increases, which in turn could affect productivity through agglomeration benefits, I also present estimations that control for local employment densities. The results show that highways raise firm-level productivity directly and beyond the effect of density. Additional results show that highway benefits are unevenly distributed across sectors and space.
Publisher version (URL)https://www.sciencedirect.com/science/article/pii/S0094119016300031
URIhttp://hdl.handle.net/10261/187796
DOIhttps://doi.org/10.1016/j.jue.2016.04.002
ISSN0094-1190
Appears in Collections:(CCHS-IPP) Artículos
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