Showing 1 - 10 of 1,344
In this paper, we analyze the effect of transport infrastructure investments in railways. As a testing ground, we use …. Importantly, we find extremely large reduced-form effects of having access to railways. For real nonagricultural income, the … that simultaneous/coordinated investment, such as large infrastructure investment in railways, can generate economic growth …
Persistent link: https://www.econbiz.de/10012703459
same time, the Kingdom of Italy started a large infrastructure project to spread railways, which were largely confined in … Northern Italy, all over the country. Using tools from spatial econometrics, we find that railways played a positive effect on … productivity, but this effect was stronger in the areas in which railways were already built. Moreover, railways helped industrial …
Persistent link: https://www.econbiz.de/10011307101
The costs and benefits of insider trading is a persistent topic in the economic literature and public discourse alike. Nowadays insider trading is principally illegal and morally banned implying that the costs are supposed to weigh heavier than the potential benefits. We study insider trading...
Persistent link: https://www.econbiz.de/10012669500
This paper describes the implementation process of the Transnordestina Railway, which has been built under the scope of the Institutional Constraints on Implementation of Investment in Infrastructure project in Brazil. It looks for answering questions as such: Which institutional factors...
Persistent link: https://www.econbiz.de/10011818825
. In this context, railways emerge as a promising solution, especially with the new legal regulatory frameworks. A detailed … significant reductions in the country's operational costs. As a result, railways promote a more favorable economic scenario, as …
Persistent link: https://www.econbiz.de/10015054247
Infrastructure and especially mass transit play a major role in urban economics and are the centre of many research questions. Probably due to simultaneous determination of infrastructure supply and demand most research is only carried out on the supply side driven relationship explaining how...
Persistent link: https://www.econbiz.de/10011397476
Many transport technologies cause a gnot ]in ]my ]backyard h (NIMBY) reaction of locals in that they often oppose the nearby location of necessary infrastructure despite benefiting from greater mobility. We employ quasi ]experimental research methods to disentangle the offsetting noise and...
Persistent link: https://www.econbiz.de/10011555500
In this paper we analyse the economic effects of railway infrastructure at the national level for European countries as well as at the local level for Southeast European cities based on a novel railway database capturing decades of the 19th century up to the early 21th century. A panel fixed...
Persistent link: https://www.econbiz.de/10012311510
transport technologies (the railways and steam navigation), were set in motion. At the same time, the Spanish economy was …
Persistent link: https://www.econbiz.de/10012669401
This paper analyzes the impact of the German autobahn net on the economic performance of German regions. To address endogeneity and reverse causation problems, we use historical instrument variables, i.e. a plan of the railroad net in 1890 and a plan of the autobahn net in 1937. We find a...
Persistent link: https://www.econbiz.de/10010468118