EconPapers    
Economics at your fingertips  
 

The Implications of the New Silk Road Railways on Local Development

Ling Fang, Martin Kleimann, Yuan Li and Hans-Joerg Schmerer (hj.schmerer@gmail.com)

No 7923, CESifo Working Paper Series from CESifo

Abstract: This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal transport volumes. The recent Belt and Road Initiative provides an experiment that can be evaluated using matching econometrics. Our results show that the establishment of a new railway connection is not systematically associated with short-run economic growth. However, it spurs employment and road freight by stimulating intermodal transport.

Keywords: infrastructure; development; trade (search for similar items in EconPapers)
JEL-codes: F00 F15 F19 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-tre and nep-ure
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo1_wp7923.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_7923

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe (wohlrabe@ifo.de).

 
Page updated 2024-12-28
Handle: RePEc:ces:ceswps:_7923