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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15905 |
DP15905 To be connected or not to be connected? The role of long-haul economies | |
Hans Koster; Jacques-François Thisse | |
发表日期 | 2021-03-11 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We investigate what regions are the winners and losers from large transportation infrastructure improvements. We argue that long-haul economies - implying that the marginal transportation cost decreases with distance - play a pivotal role in understanding the location choices of firms. Using data from Japan and the Netherlands, we first establish that long-haul economies are an important feature of modern transportation networks. Then, we develop a simple model to show that improvements in transportation infrastructure have non-trivial impacts on the location choices of firms. While these investments are often beneficial to large regions, they may be detrimental to small intermediate regions, implying job losses. Using data on Japan's Shinkansen, we confirm that 'in-between' municipalities that are connected to the HSR witness a sizable decrease in employment. |
主题 | International Trade and Regional Economics ; Public Economics |
关键词 | Accessibility Transport infrastructure Long-haul economies Regional development |
URL | https://cepr.org/publications/dp15905 |
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/544897 |
推荐引用方式 GB/T 7714 | Hans Koster,Jacques-François Thisse. DP15905 To be connected or not to be connected? The role of long-haul economies. 2021. |
条目包含的文件 | 条目无相关文件。 |
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