All Aboard: The Aggregate Effects of Port Development
All Aboard: The Aggregate Effects of Port Development
复制标题
全体上船:港口发展的综合效应
DOI:
--
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发表时间:
2019
期刊:
影响因子:
--
通讯作者:
C. Steinwender
中科院分区:
文献类型:
--
作者:
C. Ducruet;R. Juhász;D. Nagy;C. Steinwender
This paper studies the distributional and aggregate economic effects of new port technologies developed in the second half of the 20th century. We show that new technologies have led to a significant reallocation of shipping activity from large to small cities. This was driven by a land price mechanism; as new port technologies are more land-intensive, ports moved from large, high land price cities to smaller, lower land price ones. We add endogenous port development to a standard quantitative model of cross-city trade to account for both the benefits and the costs of port development. According to the model, the adoption of new port technologies leads to benefits through increasing market access but is costly, requiring the extensive use of land, suggesting a reallocation of shipping activities towards cities with low land prices and thus net gains from new port technologies that are heterogeneous across cities. Counterfactual results suggest that new port technologies led to sizable aggregate gains for the world economy, with substantial heterogeneity in the effects across countries. More generally, accounting for the costs of port infrastructure development endogenously has the potential to alter the size and distribution of the gains from trade.
DOI:
10.3386/w25487
发表时间:
2019-01
期刊:
Econometric Modeling: Macroeconomics eJournal
影响因子:
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作者:
Treb Allen;Costas Arkolakis
通讯作者:
Treb Allen;Costas Arkolakis
DOI:
10.1093/qje/qjs011
发表时间:
2012-05
期刊:
The quarterly journal of economics
影响因子:
--
作者:
Bleakley H;Lin J
通讯作者:
Lin J