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The European Union coordinates and co-finances supra-national transport infrastructure investments in the Trans-European Transport Network (TEN-T) which consist of road, rail, airport, and port infrastructure. To the best of our knowledge, we are the first to quantify the direct and indirect...
Persistent link: https://www.econbiz.de/10012230968
We develop a Financial Computable General Equilibrium Model (FCGE) model that can analyse the economic impacts of the infrastructure investment projects and their financing options on growth and distribution in Indonesia economy. It is possible to estimate growth and distributional effects of...
Persistent link: https://www.econbiz.de/10011481783
We show that the creation of the first integrated pan-European transport network during Roman times influences economic integration over two millennia. Drawing on spatially highly disaggregated data on excavated Roman ceramics, we document that interregional trade was strongly influenced by...
Persistent link: https://www.econbiz.de/10012866077
When large numbers of people are enabled to travel rapidly around the country, will it affect information production in capital markets? We study a government-directed buildout of high-speed rails (HSR) and find that after being connected to the HSR network, firms experience increased...
Persistent link: https://www.econbiz.de/10013229962
natural resources in agriculture. First, it incorporates an interdisciplinary approach (combining Economics, Organization, Law … management and strategies in agriculture including: specification of specific “managerial needs” and spectrum of feasible … agriculture during post-communist transformation and EU integration (institutional, market, private, and public), and evaluates …
Persistent link: https://www.econbiz.de/10014158696
This paper develops a theoretical as well as an empirical model of deforestation and economic development in a tropical forest economy. The empirical model is estimated using panel data for 316 municipalities in the Brazilian Amazon during the period 1970-1985. The effects of controversial...
Persistent link: https://www.econbiz.de/10014074274
Persistent link: https://www.econbiz.de/10010354887
We explore the links between migration of labour and location specific (urban) pollution, suggesting a sense in which pollution can be welfare improving. In a conventional Harris-Todaro model of urban-rural migration, individuals migrate so as to equate the expected urban wage (given a downward...
Persistent link: https://www.econbiz.de/10010291995
This paper offers two innovations for empirical growth research. First, the paper discusses principal components augmented regressions to take into account all available information in well-behaved regressions. Second, the paper proposes a frequentist model averaging framework as an alternative...
Persistent link: https://www.econbiz.de/10010294001
Border regions and border effects currently attract a lot of attention in political practice and economic research. Substantial interest in regions located along the frontiers of integrating countries is predominantly inspired by the presumption that their specific geographic position might...
Persistent link: https://www.econbiz.de/10010295502