Showing 1 - 10 of 445
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
of policy (geopolitics), and study how the saliency of this dimension may play in favor of the incumbent group. My …
Persistent link: https://www.econbiz.de/10009130179
We examine the effects of World Uncertainty and Geopolitical Risk on Trade flows for 31 European economies between 1995 and 2023. To do so, we resort to Panel estimation techniques, including OLS and Poisson Pseudo Maximum Likelihood (PPML). Our findings reveal that European nations primarily...
Persistent link: https://www.econbiz.de/10015077831
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
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
Foreign aid from China is often characterized as "rogue aid" that is not guided by recipient need but by China …, covering the 1956-2006 period, to empirically test to which extent political and commercial interests shape China's aid … allocation decisions. We estimate the determinants of China's allocation of project aid, food aid, medical teams and total aid …
Persistent link: https://www.econbiz.de/10009302132
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
Arctic oil extraction is inconsistent with the 2°C target. We study unilateral strategies by climate-concerned Arctic countries to deter extraction by others. Contradicting common theoretical assumptions about climate-change mitigation, our setting is one where countries may fundamentally...
Persistent link: https://www.econbiz.de/10011718452
Avoiding unmanageable climate change implies that global greenhouse gas emissions must be reduced rapidly. A significant body of literature shows that policy instruments such as carbon prices can make an important contribution to this goal. In contrast, changes in preferences or values are...
Persistent link: https://www.econbiz.de/10011942822