G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15905
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
URLhttps://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.
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