We explore how public investment in commercial infrastructure affects the composition of trade between countries. To …'s commercial infrastructure, broadly conceived to encompass transportation, communication, and power transmission networks … investment. We begin by analyzing optimal investment in public infrastructure in one country when public investment by the …

transnational institutions. Game theory has suggested that one possible answer to this form of dilemma is domestic action employing …

Poor domestic transportation infrastructure in developing countries is often cited as an important impediment for … accessing international markets. Yet, evidence on how transportation infrastructure improvements affect the volume and …. Two results emerge. First, we estimate that this road infrastructure project accounts for 15 percent of the export …

Making use of considerably improved measures of infrastructure, we assess the impact of infrastructure on bilateral …-linear effects of overall infrastructure and infrastructure in transportation, communication, energy, and finance on trade in … of the gravity model. Importantly, we still observe significant and non-linear effects of infrastructure on bilateral …

Foreign infrastructure investments tend to increase cross-border economic activity between investor and recipient …”), or whether the infrastructure investment leads to an increase in overall trade (a “lifting all boats hypothesis”). Our … both a “zero-sum” nature of the impact of infrastructure on cross-border trade, and to the existence of a BRI “network …