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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22653 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w22653 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580326 |
推荐引用方式 GB/T 7714 | Filipe Campante,David Yanagizawa-Drott. Long-Range Growth: Economic Development in the Global Network of Air Links. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22653.pdf(850KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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