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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16512 |
DP16512 Road Capacity, Domestic Trade and Regional Outcomes | |
Banu Demir; Kerem Cosar; Devaki Ghose; Nathaniel Young | |
发表日期 | 2021-09-03 |
出版年 | 2021 |
语种 | 英语 |
摘要 | What is the impact on intra-national trade and regional economic outcomes when the quality and lane-capacity of an existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a large-scale public investment in roads during the 2000s. Using spatially disaggregated data on road upgrades and domestic transactions, we estimate a large positive impact of reduced travel times on trade as well as local manufacturing employment and wages. A quantitative exercise using a workhorse model of spatial equilibrium implies heterogeneous effects across locations, with aggregate real income gains reaching 2-3 percent in the long-run. Reductions in travel times increased local employment-to-population ratio but had no effect on local population. We extend the model by endogenizing the labor supply decision to capture this finding. The model-implied elasticity of employment rates to travel time reductions captures about one-third of the empirical elasticity. |
主题 | Development Economics ; International Trade and Regional Economics |
关键词 | Trade Market access Transportation infrastructure |
URL | https://cepr.org/publications/dp16512 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545467 |
推荐引用方式 GB/T 7714 | Banu Demir,Kerem Cosar,Devaki Ghose,et al. DP16512 Road Capacity, Domestic Trade and Regional Outcomes. 2021. |
条目包含的文件 | 条目无相关文件。 |
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