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...

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...

This paper studies the regional treatment effects of infrastructure projects on employment and transport volumes by combining the quantitative econometric method with qualitative case studies. The quantitative method that we use is synthetic control, which allows us to analyze the causal effects...

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...

Cultural proximity may influence bilateral imports through a preference and a trade-cost channel. In empirical gravity models, conventional measures such as common language or religion fail to separately identify those channels. We use bilateral score data from the Eurovision Song Contest, a...

This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model, featuring multiple sectors, input-output linkages, services...