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来源类型Working Paper
规范类型报告
DOI10.3386/w23200
来源IDWorking Paper 23200
Optimal Transport Networks in Spatial Equilibrium
Pablo D. Fajgelbaum; Edouard Schaal
发表日期2017-02-27
出版年2017
语种英语
摘要We study optimal transport networks in spatial equilibrium. We develop a framework consisting of a neoclassical trade model with labor mobility in which locations are arranged on a graph. Goods must be shipped through linked locations, and transport costs depend on congestion and on the infrastructure in each link, giving rise to an optimal transport problem in general equilibrium. The optimal transport network is the solution to a social planner’s problem of building infrastructure in each link. We provide conditions such that this problem is globally convex, guaranteeing its numerical tractability. We also study cases with increasing returns to transport technologies in which global convexity fails. We apply the framework to assess optimal investments and inefficiencies in observed road networks in European countries.
主题International Economics ; Trade ; Development and Growth ; Development ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w23200
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580874
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GB/T 7714
Pablo D. Fajgelbaum,Edouard Schaal. Optimal Transport Networks in Spatial Equilibrium. 2017.
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