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Low levels of infrastructure quality and quantity can create trade impediments through increased transport costs. Since … the late 1990s an increasing number of trade studies have taken infrastructure into account. The purpose of the present … paper is to quantify the importance of infrastructure for trade by means of meta-analysis and meta-regression techniques …
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Some 2000 years ago, the average annual distance a person would normally travel, was approximately 500 km. The action radius of most people remained rather stable, but it rose gradually after the industrial revolution to some 1820 km (by car, bus, railway or aircraft) in the year 1960. Then, a...
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