Urban rail transit investments are expensive and irreversible. Since people differ with respect to their demand for trips, their value of time, and the types of real estate they live in, such projects are likely to offer heterogeneous benefits to residents of a city. Using the opening of a major...

Zum ersten Mal in der Geschichte der Menschheit wohnen mehr Menschen in der Stadt als auf dem Land. Die Städte wachsen in der Fläche und verschmelzen mit angrenzenden Städten zu Ballungsräumen. Der Zustrom von immer mehr Menschen in die städtischen Agglomerationen verändert deren...

This paper estimates the non-linear impact of ICT network on motorway contribution to total factor productivity. Using dynamic panel data of OECD member countries, the paper finds that there exists a critical mass of broadband penetration rate which has the property that if this threshold level...

This paper uses a historical natural experiment – the opening of the Suez Canal – to investigate the relationship between geography and the formation of institutions. While the conventional view is that good geography (commodity endowment) inevitably favours the creation of extractive...

We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of...

In view of the significant differences between the socio-economic regions, the level of development of transport is not homogenous. According to Tobler's law (1970) we can point out that all objects are related to each other, but the ones located closer are more dependent on each other than...

This paper estimates the non-linear impact of ICT network on motorway contribution to total factor productivity. Using dynamic panel data of OECD member countries, the paper finds that there exists a critical mass of broadband penetration rate which has the property that if this threshold level...