This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …

-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing …-biased effect estimates due to the distribution of trade-policy events during an event window as well as due to anticipation (pre …

Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade … but also widely heterogeneous across sanctioning countries. Moreover, they depend on the direction of trade. We also …

for time-interval-varying depreciation-cum-adjustment. A time-varying trade elasticity in the structural gravity model is … implied. Our methods explain the ‘international elasticity puzzle,’ the discrepancy between trade elasticity estimates from … the trade literature and the international real business cycle literature. The same theory-motivated estimating equation …

We show that the creation of the first integrated pan-European transport network during Roman times influences economic … interregional trade was strongly influenced by connectivity within the network. Today, these connectivity differentials continue to … influence cross-regional firm investment behaviour. Continuity is largely explained by selective infrastructure routing and …

We show that the creation of the first integrated pan-European transport network during Roman times influences economic … interregional trade was strongly influenced by connectivity within the network. Today, these connectivity differentials continue to … influence cross-regional firm investment behaviour. Continuity is largely explained by selective infrastructure routing and …

This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …

This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …

This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity … with measures of spatial inequality based on remotely-sensed data, we analyse the effects of transport projects on the … immediate periphery. Transport projects decentralize activity particularly strongly in regions that are more urbanized, located …