The Review of Economics and Statistics · 2022 · 29 citations · 48 references
Social SciencesTransportation PlanningUrban PlanningNeighborhood StudiesUrban DevelopmentUrban EconomicsNeighborhood AnalysisNeighborhood ChangeNeighborhood DemographyUrban GrowthUrban MobilityAccess To Welfare BenefitsLocalized BenefitsPopulation Spatial StructureRegional AccessibilityRoad Barrier EffectsSpatial StructureUrban Growth DifferentialsUrban Revolts
Abstract 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 accessibility benefits, had large effects on the spatial structure of cities, suburbanization, and welfare.
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Large Sample Properties of Generalized Method of Moments Estimators
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