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• W352771708 startingPage "103473" @default.
• W352771708 abstract "The distribution of transport infrastructure across space is the outcome of deliberate government planning that reflects a desire to unlock the welfare gains from regional economic integration. Yet, despite being one of the oldest government activities, the economic forces shaping the endogenous emergence of infrastructure have not been rigorously studied. This paper provides a stylized analytical framework of open economies in which planners decide non-cooperatively on transport infrastructure investments across continuous space. Allowing for intra - and inter national trade, the resulting equilibrium investment schedule features underinvestment that turns out particularly severe in border regions and that is amplified by the presence of discrete border costs. In European data, the mechanism explains about 21% of the border effect identified in a conventionally specified gravity regression." @default.
• W352771708 created "2016-06-24" @default.
• W352771708 creator A5056291473 @default.
• W352771708 creator A5060119943 @default.
• W352771708 date "2022-07-01" @default.
• W352771708 modified "2023-09-24" @default.
• W352771708 title "Trade and the spatial distribution of transport infrastructure" @default.
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• W352771708 doi "https://doi.org/10.1016/j.jue.2022.103473" @default.
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