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sizes around the world. The case of pallets is examined to illustrate the impact of multiplicity of standards on trade costs …. We select this case because pallets are used all around the world, pallet standards are not too sophisticated, and data … because of the lack of rental and exchange pallet markets. To mitigate the costs of this multiplicity of standards, the World …
Persistent link: https://www.econbiz.de/10012971036
This paper estimates the impacts of road improvements on local employment and specialization in Mexico for 1986-2014, through changes in access to domestic markets and travel costs to ports and the U.S. border. Instrumenting for road placement endogeneity and addressing the recursion problem in...
Persistent link: https://www.econbiz.de/10012944832
natural disaster. The World Bank Group and the Government of Japan established the Quality Infrastructure Investment …Disruption of infrastructure services can cause significant social and economic losses, particularly in the event of a … Partnership to focus attention on the quality dimensions of infrastructure in developing countries, with a focus on promoting …
Persistent link: https://www.econbiz.de/10012911272
income. Moreover, the rate of change of trade costs is largely unfavorable to the developing world: trade costs are falling …
Persistent link: https://www.econbiz.de/10012974712
The authors develop a framework for studying trade in horizontally and vertically differentiated products. In their model, consumers with heterogeneous incomes and tastes purchase a homogeneous good and make a discrete choice of quality and variety of a differentiated product. The distribution...
Persistent link: https://www.econbiz.de/10012975700
This paper studies the impact of transport infrastructure projects of the Belt and Road Initiative on shipment times … shipment times and trade costs. For the world, the average reduction in shipment time will range between 1.2 and 2.5 percent …
Persistent link: https://www.econbiz.de/10012909447
This paper examines how cities and regions within countries are likely to adjust to trade openness and improved connectivity driven by large transport investments from China's Belt and Road Initiative. The paper presents a quantitative economic geography model alongside spatially detailed...
Persistent link: https://www.econbiz.de/10012888980
The Belt and Road Initiative, due to its diverse and extensive infrastructure investments, poses a wide range of … emissions. Others, such as transportation infrastructure, due to their vast geographic reach, generate more complex and …
Persistent link: https://www.econbiz.de/10012894083
World Bank?s Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the … accompanying freely downloadable Excel-based tool. It also constructs a new Infrastructure Efficiency Index (IEI), by combining …
Persistent link: https://www.econbiz.de/10012909745
Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for … economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure … the drivers of income growth, the degree to which infrastructure represents a public or a private good, and the extent of …
Persistent link: https://www.econbiz.de/10012972738