Coşar, A. Kerem; Osotimehin, Sophie; Popov, Latchezar - National Bureau of Economic Research - 2024
We quantify the aggregate, regional and sectoral impacts of transportation productivity growth on the US economy over the period 1947-2017. Using a multi-region, multi-sector model that explicitly captures produced transportation services as a key input to interregional trade, we find that the...