Researchers at Federal Reserve Bank of Philadelphia Target Economics and Statistics (Freeway Revolts! the Quality of Life Effects of Highways): Economics – Economics and Statistics

2024 OCT 08 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- A new study on Economics - Economics and Statistics is now available. According to news reporting from Philadelphia, Pennsylvania, by NewsRx journalists, research stated, “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).”

The news correspondents obtained a quote from the research from the Federal Reserve Bank of Philadelphia, “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.”

According to the news reporters, the research concluded: “Local disamenities from freeways, as opposed to their regional accessibility benefits, had large effects on the spatial structure of cities, suburbanization, and welfare.”

This research has been peer-reviewed.

For more information on this research see: Freeway Revolts! the Quality of Life Effects of Highways. Review of Economics and Statistics, 2024;106(5):1268-1284. Review of Economics and Statistics can be contacted at: Mit Press, One Rogers St, Cambridge, MA 02142-1209, USA.

Our news journalists report that additional information may be obtained by contacting Jeffrey Brinkman, Federal Reserve Bank of Philadelphia, Philadelphia, PA 19106, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1162/rest_a_01244. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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