Showing 1 - 10 of 1,449
panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries' trade with China and Russia increases under US trade … countries. Trade of targets of US sanctions with China declines even more than trade with the US. These general patterns are …
Persistent link: https://www.econbiz.de/10013455721
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
Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically sustainable and resilient against external shocks to recover from the falling growth, most regional economies need to rebalance their export-oriented (mostly to advanced economies)...
Persistent link: https://www.econbiz.de/10011638303
The distribution of transport infrastructure across space is the outcome of deliberate government planning that reflects a desire to unlock the welfare gains from regional economic integration. Yet, despite being one of the oldest government activities, the economic forces shaping the endogenous...
Persistent link: https://www.econbiz.de/10011392697
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
The introduction of containerization triggered complementary technological and organizational changes that revolutionized global freight transport. Despite numerous claims about the importance of containerization in stimulating international trade, econometric estimates on the effects of...
Persistent link: https://www.econbiz.de/10009712458
We assess the impact of China's bilateral political relations with three main trading partners-the US, Germany, and the … approach with time-varying Granger causality tests, we find that political relationships with China strongly matter in …
Persistent link: https://www.econbiz.de/10014443830
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
We examine how new airport infrastructure influences regional tourism. Identification is based on the conversion of a military air base into a regional commercial airport in the German state of Bavaria. The new airport opened in 2007 and promotes travelling to the touristic region Allgäu in the...
Persistent link: https://www.econbiz.de/10012157335
We examine the economic and environmental impacts of improvements and disruptions in multimodal transport networks. Our quantitative spatial equilibrium model incorporates routing over multiple modes and congestion at intermodal terminals. We estimate a modal substitution elasticity with highway...
Persistent link: https://www.econbiz.de/10015071067