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This paper endogenizes the spatial distribution of infrastructure investment and transportation costs. Transportation … costs between two addresses depend on cumulative infrastructure investment. In a continuous space setting with several … their own constituencies. The equilibrium of the game between countries features under-investment and excessive spatial …
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average country in the world, and that the number of countries with declining DOT is close to double those with increasing DOT …
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the period 1962-2000 for the average country in the world, with the number of countries with declining DOT about double …
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I develop a novel view of the trade frictions between rich and poor countries by arguing that to reconcile bilateral trade volumes and price data within a standard gravity model, the trade frictions between rich and poor countries must be systematically asymmetric, with poor countries facing...
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DOT falls over time for the average country in the world, and that the number of countries with declining DOT is close to …
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