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We examine the effects of transport infrastructure on house prices in the OECD countries over the period 1870 to 2016. We employ both parametric and non-parametric panel data techniques that account for the non-linear and time-varying relationship between transport infrastructure and house...
Persistent link: https://www.econbiz.de/10012828499
I study how and why economic activity varies around regional borders. Spatial quasi-experimental variation around French departmental borders reveals discontinuous commuting and residential patterns. To tackle the endogenous border placement problem, I exploit a geometric border design proposed...
Persistent link: https://www.econbiz.de/10012395307
Without realizing the importance of soft infrastructure, hard infrastructure cannot ensure a significant impact on sustained economic development. Unfortunately, Central Asia and Caucasia regions have continued to rely on a physical development model that has resulted in generating revenue but...
Persistent link: https://www.econbiz.de/10012395485
This research study aimed to assesses the impact of infrastructure based on the evaluation of infrastructure provision's effect on public finance, presenting the case of Kutaisi International Airport in Georgia. In the case, we assessed the impact of the airport on the public finances of the...
Persistent link: https://www.econbiz.de/10012253863
We develop an interregional computable general equilibrium model to help assess the ex ante impact of transportation infrastructure policies in Egypt. The model is integrated with a GIS network. We illustrate the analytical capabilities of the model by looking at the domestic integration of the...
Persistent link: https://www.econbiz.de/10011572554
Persistent link: https://www.econbiz.de/10011581560
We study the efficiency of private supply of roads under demand uncertainty and evaluate various regulatory policies. Due to demand uncertainty, capacity is decided before demand is known but tolls can be adjusted after demand is known. Policy implications can differ considerably from those...
Persistent link: https://www.econbiz.de/10011602731
This report, part of the “Cities” collection, analyses road accessibility, transport corridors and checkpoints set up in border towns in West Africa. An innovative model shows that the population base of border towns could be 14% greater if there were no delays at border crossings. The...
Persistent link: https://www.econbiz.de/10012107140
In this paper, we analyze the impact of transportation infrastructure quantity and quality on regional economic production. We exploit an extensive panel dataset on the German county level (N=401), expressing the capital value and condition of highways between 2007 and 2016, to estimate a...
Persistent link: https://www.econbiz.de/10012156021
The distribution of transport infrastructure across space is the outcome of deliberate government planning that reflects a desire to unlock the welfare gains from regional economic integration. Yet, despite being one of the oldest government activities, the economic forces shaping the endogenous...
Persistent link: https://www.econbiz.de/10012507897