Showing 1 - 10 of 66
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...
Persistent link: https://www.econbiz.de/10011303781
This paper contributes to the empirical literature on the magnitude of the network effects of public infrastructures, introducing a novel approach. After estimating the dynamics common to time series for the regional public capital stock, coordinated policy shocks are identified within a...
Persistent link: https://www.econbiz.de/10013100062
The heterogeneous output effects of inter-city and intra-city transportation infrastructure in China are examined using 219 prefecture-level city data from 1999 to 2012. Using the panel fully-modified OLS analysis, we find that at the Chinese prefecture-level city the estimated contribution rate...
Persistent link: https://www.econbiz.de/10013020106
Given the limited availability of data in South Korea, this study proposes a method by which to estimate regional capital stock by modifying the benchmark year method (BYM) and applies it to estimate regional net capital stock by sector in transport infrastructure. First, it estimates...
Persistent link: https://www.econbiz.de/10012914909
We examine the economic implications of infrastructure investment policies that try to improve economic conditions in Russia's peripheral regions. Our analysis of firm-level industrial data for 1989 and 2004 highlights a 'death of distance' in industrial location, with increasing concentration...
Persistent link: https://www.econbiz.de/10005012086
Until now, most of the growing climate legal litigations mainly concern environmental associations or victims against energy of energy-users firms or States. However, in a near future, because of exacerbating sudden floods linked to climate change, future litigations could (will) concern...
Persistent link: https://www.econbiz.de/10011451290
This study introduces a new method called Spatial Econometric Computable General Equilibrium (SECGE) model, which integrates both spatial econometrics with computable general equilibrium modeling to improve the effectiveness of impact analysis on transportation infrastructure. Elasticities of...
Persistent link: https://www.econbiz.de/10013064238
This study analyzes the changes in intra-city housing values in response to improved inter-city connection brought by high speed rail (HSR), using the opening of the Hangzhou-FuZhou-Shenzhen Passenger Dedicated Line (HFSL) in Shenzhen, China as an example. The opening of the HFSL and its...
Persistent link: https://www.econbiz.de/10012824271
We explore the impact of bicycle-sharing infrastructure on urban transportation. Accounting for selection bias in a matching framework, we estimate a causal effect of the Capital Bikeshare on traffic congestion in the metropolitan Washington, DC, area. We exploit a unique traffic dataset that is...
Persistent link: https://www.econbiz.de/10013017020
Persistent link: https://www.econbiz.de/10011581560