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来源类型Working Paper
规范类型报告
DOI10.3386/w22653
来源IDWorking Paper 22653
Long-Range Growth: Economic Development in the Global Network of Air Links
Filipe Campante; David Yanagizawa-Drott
发表日期2016-09-19
出版年2016
语种英语
摘要We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of 6000 miles. We show that these air links have a positive effect on local economic activity, as captured by satellite-measured night lights. To shed light on how air links shape economic outcomes, we first present evidence of positive externalities in the global network of air links: connections induce further connections. We then find that air links increase business links, showing that the movement of people fosters the movement of capital. In particular, this is driven mostly by capital flowing from high-income to middle-income (but not low-income) countries. Taken together, our results suggest that increasing interconnectedness generates economic activity at the local level by inducing links between businesses, but also gives rise to increased spatial inequality locally, and potentially globally.
主题International Economics ; Trade ; International Factor Mobility ; Globalization and International Relations ; Development and Growth ; Development ; Growth and Productivity ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w22653
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580326
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Filipe Campante,David Yanagizawa-Drott. Long-Range Growth: Economic Development in the Global Network of Air Links. 2016.
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