This paper examines the effects of port development on the economy. By using scarce local land intensively, ports put pressure on local land prices and crowd out other forms of economic activity. We use the introduction of containerized shipping – a technology that substantially increased land...

This paper examines the effects of port development on the economy. By using scarce local land intensively, ports put pressure on local land prices and crowd out other forms of economic activity. We use the introduction of containerized shipping – a technology that substantially increased land...

This paper examines the effects of port development on the economy. By using scarce local land intensively, ports put pressure on local land prices and crowd out other forms of economic activity. We use the introduction of containerized shipping -- a technology that substantially increased land...

Ports boost market access to other cities and ports, driving trade and connectivity. Port development imposes local costs, including land use, pollution, and noise. Ports don't spur growth in their own cities, as local costs offset benefits. Nearby cities gain from ports, fueling regional and...

Transport infrastructure facilitates the fast flow of goods and people across space, but it also occupies extensive amounts of land. This may drive up land rents and crowd out other economic activity. Using the introduction of containerized shipping – a relatively land-intensive technology...

Ports boost market access to other cities and ports, driving trade and connectivity. Port development imposes local costs, including land use, pollution, and noise. Ports don't spur growth in their own cities, as local costs offset benefits. Nearby cities gain from ports, fueling regional and...

We discuss recent work evaluating the role of the government in shaping the economy during the long 19th century, a practice we refer to as industrial policy. We show that states deployed a vast variety of different policies aimed at, primarily, but not exclusively, fostering industrialization....