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On the Road: Access to Transportation Infrastructure and Economic Growth in China
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In this paper, the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth was investigated, and it was shown that proximity to a transportation network has a moderate positive causal effect on per capita GDP levels across sectors, but no effect on overall GDP growth.Abstract:
This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities. Our results show that proximity to transportation networks have a moderate positive causal effect on per capita GDP levels across sectors, but no effect on per capita GDP growth. We provide a simple theoretical framework with empirically testable predictions to interpret our results. We argue that our results are consistent with factor mobility playing an important role in determining the economic benefits of infrastructure development.read more
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Physical infrastructure and economic development in Pakistan
TL;DR: In this article, a composite index of physical infrastructure has been constructed through Principal Component Analysis (PCA) to investigate the relationship between physical infrastructure and economic development of Pakistan, and the empirical analysis showed that co-integration exists among the variables of economic development, employed labour force, gross private fixed capital formation and physical infrastructure.
Essays on Topics in American and Egyptian Economic History
TL;DR: The authors studied the causes behind low inter-regional migration from the American North to the South prior to the Civil War and developed a discrete-choice model of migration in which agents have preferences over destinations and face moving costs for each destination based on where they are moving from.
Journal ArticleDOI
From twitter to GDP: Estimating economic activity from social media
TL;DR: This paper used geo-located image tweets shared on Twitter in 2012-2013 to estimate and predict GDP at the sub-national level, finding that tweets alone can explain 52 percent of the variation in GDP across cities in the US.
BookDOI
Will market competition trump gender discrimination in India
TL;DR: In this article, the authors studied the pattern of female activity and gender segmentation in the Indian manufacturing and services sectors and found that despite competition-inducing reforms such as investment in Golden Quadrilateral highways, trade liberalization and domestic reforms that India undertook since the turn of the century, this pattern of gender based segmentation has not subsided over the years.
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When History Leaves a Mark: A New Measure of Roman Roads
TL;DR: In this article, a new measure of Roman roads that has been constructed for the Italian territory is introduced, which computes the length in kilometers of Roman road at different administrative and territorial levels (NUTS, Local Labor Systems, grid cells).
References
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Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.
Manuel Arellano,Stephen Bond +1 more
TL;DR: In this article, the generalized method of moments (GMM) estimator optimally exploits all the linear moment restrictions that follow from the assumption of no serial correlation in the errors, in an equation which contains individual effects, lagged dependent variables and no strictly exogenous variables.
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Estimating vector autoregressions with panel data
TL;DR: In this article, the authors consider estimation and testing of vector autoregressio n coefficients in panel data, and apply the techniques to analyze the dynamic relationships between wages an d hours worked in two samples of American males.
Journal ArticleDOI
Biases in dynamic models with fixed effects
John J. Beggs,Marc Nerlove +1 more
TL;DR: In this paper, the authors examined bias in dynamic models with fixed effects where both the number of time series observations and cross-sectional replications are small, and the formula bias estimate was in line with that in published Monte Carlo studies.
ReportDOI
Micro-Foundations of Urban Agglomeration Economies
Gilles Duranton,Diego Puga +1 more
TL;DR: In this paper, the theoretical micro-foundations of urban agglomeration economies are studied, based on sharing, matching, and learning mechanisms, and a handbook chapter is presented.
MonographDOI
Capitalism with Chinese Characteristics: Entrepreneurship and the State
TL;DR: The authors presents a story of two Chinas, an entrepreneurial rural China and a state-controlled urban China, and uses the emerging Indian miracle to debunk the widespread notion that democracy is automatically anti-growth.