This paper presents a structural general equilibrium model to analyze the effects on trade, welfare, and gross domestic product of common transport infrastructure. Specifically, the model builds on the framework by Caliendo and Parro (2015) -- a Ricardian model with sectoral linkages, trade in intermediate goods and sectoral heterogeneity -- to allow for changes in trade costs due to improvements in transportation infrastructure, financed through...
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详细
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2019/04/01
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政策研究报告
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WPS8801
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1
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1
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2019/04/01
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Disclosed
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Common Transport Infrastructure : A Quantitative Model and Estimates from the Belt and Road Initiative
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trade and investment