This paper takes a first look at the trade effects of China's Belt and Road Initiative, also referred to as the New Silk Road, on the 71 countries potentially involved. The initiative consists of several infrastructure investment projects to improve the land and maritime transportation in the...

In this paper, we analyze the impact of transportation infrastructure quantity and quality on regional economic production. We exploit an extensive panel dataset on the German county level (N=401), expressing the capital value and condition of highways between 2007 and 2016, to estimate a...

This paper presents a structural general equilibrium model to analyze the effects on trade, welfare, and gross domestic product of common transport infrastructure. Specifically, the model builds on the framework by Caliendo and Parro (2015)-a Ricardian model with sectoral linkages, trade in...

This paper studies the impact of transport infrastructure projects of the Belt and Road Initiative on shipment times and trade costs. Based on a new data on completed and planned Belt and Road transport projects, Geographic Information System analysis is used to estimate shipment times before...

Die Bundesverkehrswege (Bundesautobahnen, Bundesstraßen, Schienenwege der Deutschen Bahn AG, Bundeswasserstraßen) repräsentierten mit einem Brutto-Anlagevermögen von 633 Mrd. DM zum Jahresende 1998 ein beachtliches volkswirtschaftliches Vermögen. Durch die sich verschlechternde...