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北京大学国家发展研究院

宏观经济学Workshop:Valuing Domestic Transport Infrastructure: A View from the Route Choice of Exporters

发布日期：2020-12-24 12:00    来源：

Title: Valuing Domestic Transport Infrastructure: A View from the Route Choice of Exporters

Speaker：Wenlan Luo (Tsinghua University)

Abstract: A key input to quantitative evaluations of transport infrastructure projects is their impact on transport costs. This paper proposes a new method of estimating this impact relying on the widely accessible customs data: by using the route choice of exporters. We combine our method with a spatial equilibrium model to study the aggregate effects of the massive expressway construction in China between 1999 and 2010. We find that the construction brings 5.6% welfare gains, implying a net return to investment of 180%. Our analysis also produces some intermediate output of independent interest, for example, a time-varying IV for city-sector export.

时间：12月24日（周四）下午14:00--15:30

地点：国发院万众楼小教室

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