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Will politics lead to over-building or under-building of transportation projects? In this paper, we develop a model of infrastructure policy in which politicians overdo things that have hidden costs and underperform tasks whose costs voters readily perceive. Consequently, national funding of...
Persistent link: https://www.econbiz.de/10012454996
Over 20 states have adopted laws requiring youths to wear a helmet when riding a bicycle. We confirm previous research indicating that these laws reduced fatalities and increased helmet use, but we also show that the laws significantly reduced youth bicycling. We find this result in standard...
Persistent link: https://www.econbiz.de/10012462993
We study optimal dynamic lockdowns against Covid-19 within a commuting network. Our framework integrates canonical … districts before gradual relaxation, while in Seoul it imposes low temporal but large spatial variation. Actual commuting …
Persistent link: https://www.econbiz.de/10012481636
reductions in commuting time between regions on the commuting decisions of workers and their choices regarding where to live and …
Persistent link: https://www.econbiz.de/10012453209
What is the impact on intra-national trade and regional economic outcomes when the quality and lane-capacity of an existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a large-scale public investment in roads during the...
Persistent link: https://www.econbiz.de/10012629448
The Inca Empire was the last of a long series of highly developed cultures in pre-colonial South America. It stretched across parts of the current territories of Argentina, Bolivia, Chile, Colombia, Ecuador and the whole of Peru. The Inca Road was its 30,000-kilometer-long transportation system....
Persistent link: https://www.econbiz.de/10012599269