Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

被引：637
作者：
Donaldson, Dave [1 ,2 ]
机构：
[1] MIT, Dept Econ, 50 Mem Dr, Cambridge, MA 02142 USA
[2] NBER, Cambridge, MA 02138 USA
来源：
AMERICAN ECONOMIC REVIEW | 2018年 / 108卷 / 4-5期
基金：
英国经济与社会研究理事会;
关键词：
TRADE LIBERALIZATION; INTERNATIONAL-TRADE; INDIA; PRODUCTIVITY; TECHNOLOGY; MIGRATION; GRAVITY; GROWTH; COSTS;
D O I：
10.1257/aer.20101199
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
How large are the benefits of transportation infrastructure projects, and what explains these benefits? This paper uses archival data from colonial India to investigate the impact of India's vast railroad network. Guided by four results from a general equilibrium trade model, I find that railroads: (1) decreased trade costs and interregional price gaps; (2) increased interregional and international trade; (3) increased real income levels; and (4) that a sufficient statistic for the effect of railroads on welfare in the model accounts well for the observed reduced-form impact of railroads on real income in the data.
引用
收藏
页码：899 / 934
页数：36
相关论文
共 63 条
  • [1] AGGARWAL S., 1937, SALT IND INDIA
  • [2] Ahuja RK, 1993, Network flows
  • [3] Trade and productivity
    Alcalá, F
    Ciccone, A
    [J]. QUARTERLY JOURNAL OF ECONOMICS, 2004, 119 (02) : 613 - 646
  • [4] Trade costs
    Anderson, JE
    van Wincoop, E
    [J]. JOURNAL OF ECONOMIC LITERATURE, 2004, 42 (03) : 691 - 751
  • [5] Railways and Price Convergence in British India
    Andrabi, Tahir
    Kuehlwein, Michael
    [J]. JOURNAL OF ECONOMIC HISTORY, 2010, 70 (02) : 351 - 377
  • [6] ANDREW W.P., 1883, INDIAN RAILWAYS
  • [7] [Anonymous], 2009, NBER Working Paper No. 14910
  • [8] New Trade Models, Same Old Gains?
    Arkolakis, Costas
    Costinot, Arnaud
    Rodriguez-Clare, Andres
    [J]. AMERICAN ECONOMIC REVIEW, 2012, 102 (01) : 94 - 130
  • [9] IS PUBLIC-EXPENDITURE PRODUCTIVE
    ASCHAUER, DA
    [J]. JOURNAL OF MONETARY ECONOMICS, 1989, 23 (02) : 177 - 200
  • [10] Atack Jeremy., 2011, EC EVOLUTION REVOLUT, P162
1234567