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All Clear for Takeoff : Evidence from Airports on the Effects of Infrastructure Privatization

Howell, Sabrina T.; Jang, Yeejin; Kim, Hyeik; Weisbach, … - National Bureau of Economic Research - 2022

airport performance along a rich array of dimensions such as passengers per flight, total passengers, number of routes, number … rather than operational changes. Overall, we find little evidence that privatization alone increases airport performance …. These effects are largest when there is a competing airport nearby. Finally, we show that outright ownership rather than …

Persistent link: https://www.econbiz.de/10013435106

New Area- and Population-based Geographic Crosswalks for U.S. Counties and Congressional Districts, 1790–2020

Ferrara, Andreas; Testa, Patrick A.; Zhou, Liyang - National Bureau of Economic Research - 2024

In applied historical research, geographic units often differ in level of aggregation across datasets. One solution is to use crosswalks that associate factors located within one geographic unit to another, based on their relative areas. We develop an alternative approach based on relative...

Persistent link: https://www.econbiz.de/10014512060

Production, Trade, and Cross-Border Data Flows

Chang, Qing; Cong, Lin William; Liyong, Wang; Zhang, … - National Bureau of Economic Research - 2023

We build a two-country general equilibrium model to analyze the effects of cross-border data flows and pre-existing development gaps in data economies on each country's production and international trade. Raw data as byproducts of consumption can be transformed into various types of working data...

Persistent link: https://www.econbiz.de/10014322803

Principal Component Analysis for Nonstationary Series

Hamilton, James D.; Xi, Jin - National Bureau of Economic Research - 2024

This paper develops a procedure for uncovering the common cyclical factors that drive a mix of stationary and nonstationary variables. The method does not require knowing which variables are nonstationary or the nature of the nonstationarity. An application to the FRED-MD macroeconomic dataset...

Persistent link: https://www.econbiz.de/10014468268

Consumer Credit Reporting Data

Gibbs, Christa; Guttman-Kenney, Benedict; Lee, Donghoon; … - National Bureau of Economic Research - 2024

Since the 2000s, economists across fields have increasingly used consumer credit reporting data for research. We introduce readers to the economics of and the institutional details of these data. Using examples from the literature, we provide practical guidance on how to use these data to...

Persistent link: https://www.econbiz.de/10015056115

Who Benefits From The Export-Import Bank Aid?

Benmelech, Efraim; Monteiro, Joao - National Bureau of Economic Research - 2023

We study the effectiveness of government aid to exporters by exploring an exogenous shock that affected the ability of the Export-Import Bank of the United States (EXIM) to provide aid to U.S. exporters through loan guarantees to importers. We focus on Boeing, the largest individual recipient of...

Persistent link: https://www.econbiz.de/10014337795