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Universal high-speed broadband provision : an alternative policy approach
Wolfstetter, Elmar - 2021
Millions of citizens and firms lack access to high speed internet, even though governments pledged to spend huge sums of money to subsidize internet networks. In this paper we review some systematic flaws of present subsidy policies and outline a promising alternative. We propose that...
Persistent link: https://www.econbiz.de/10012506923
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Testing, not modelling, the impact of cohesion support : a theoretical framework and some preliminary results for the Spanish regions
Fuente, Ángel de la - 2010
This paper develops a simple model that can be used to estimate the effectiveness of Cohesion expenditure relative to similar but unsubsidized projects, thereby making it possible to explicitly test an important assumption that is often implicit in estimates of the impact of Cohesion policies....
Persistent link: https://www.econbiz.de/10003928834
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The macroeconomic effects of funding U.S. infrastructure
Malley, James R.; Philippopulos, Apostolēs - 2022
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different types of infrastructure spending and linkages between...
Persistent link: https://www.econbiz.de/10012801569
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Road capacity, domestic trade and regional outcomes
Coşar, A. Kerem; Demir, Banu; Ghose, Devaki; Young, … - 2021
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/10012622734
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On the optimal design of place-based policies : a structural evaluation of EU regional transfers
Blouri, Yashar; Ehrlich, Maximilian von - 2017
We quantify general equilibrium effects of place-based policies in a multi-region framework with mobility, trade and agglomeration economies. Using detailed data on EU transfers, we infer the local effects of different transfer types on productivity, income and transportation cost. Based on...
Persistent link: https://www.econbiz.de/10011752504
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Connective financing Chinese infrastructure projects and the diffusion of economic activity in developing countries
Bluhm, Richard; Dreher, Axel; Fuchs, Andreas; Parks, Bradley - 2020
This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity. Leveraging a new global dataset of geo-located Chinese government-financed projects over the period from 2000 to 2014 together with measures of spatial inequality based on...
Persistent link: https://www.econbiz.de/10012226698
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The implications of the new Silk Road railways on local development
Fang, Ling; Kleimann, Martin; Li, Yuan; Schmerer, Hans-Jörg - 2019
This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal transport volumes. The recent Belt and Road Initiative provides an experiment that can be evaluated using matching econometrics. Our results show that the establishment of a new...
Persistent link: https://www.econbiz.de/10012118650
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A tale of two roads : groundwater depletion in the North China Plain
Chakravorty, Ujjayant; Deng, Xiangzheng; Gong, Yazhen; … - 2023
national highways on ground water levels in a small agricultural county in the North China Plain - a region that produces most … the North China Plain. We show suggestive evidence that depletion is caused by a switch from subsistence to commercial …
Persistent link: https://www.econbiz.de/10014340116
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The impact of the global financial crisis on business cycles in Asian emerging economies
Fidrmuc, Jarko; Korhonen, Iikka - 2009
We analyze the transmission of global financial crisis to business cycles in China and India. The pattern of business …
Persistent link: https://www.econbiz.de/10003861779
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Capital flight: China's experience
Cheung, Yin-Wong; Qian, Xingwang - 2010
We study the empirical determinants of China's capital flight. In addition to the covered interest differential, our … regression exercise shows that China's capital flight is quite well explained by its own history and covered interest … differentials. The other possible determinants offer relatively small additional explanatory power. It is also found that China …
Persistent link: https://www.econbiz.de/10003937044