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Urban roadway in America: the amount, extent, and value
- nabla9 2y ago>We find that a little under a quarter of urbanized land—roughly the size of West Virginia—is dedicated to roadway. This land was worth around $4.1 trillion dollars in 2016 and had an annualized value that was higher than the total variable costs of the trucking sector and the total annual federal, state, and local expenditures on roadway. Conducting a back-of-the-envelope cost-benefit analysis, we found that the country likely has too much land dedicated to urban roads.