G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13820
DP13820 Economic Geography Aspects of the Panama Canal
Stephan Maurer; Ferdinand Rauch
发表日期2019-06-23
出版年2019
语种英语
摘要This paper studies how the opening of the Panama Canal in 1914 changed market access and influenced the economic geography of the United States. We compute shipment distances with and without the canal from each US county to each other US county and to key international ports and compute the resulting change in market access. We relate this change to population changes in 20-year intervals from 1880 to 2000. We find that a 1 percent increase in market access led to a total increase of population by around 6 percent. We compute similar elasticities for wages, land values and immigration from out of state. When we decompose the effect by industry, we find that tradable (manufacturing) industries react faster than non-tradable (services), with a fairly similar aggregate effect.
主题Economic History ; International Trade and Regional Economics
URLhttps://cepr.org/publications/dp13820
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/542694
推荐引用方式
GB/T 7714
Stephan Maurer,Ferdinand Rauch. DP13820 Economic Geography Aspects of the Panama Canal. 2019.
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