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We calculate the short-run effect that the construction of the 230km-long Durango-Mazatlán highway in 2013 and of the 290km-long Mexico City-Tuxpan highway in 2014 produced on market-access in every location in Mexico. Our estimates suggest that the former highway produced benefits not only in...
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financing long-term infrastructure investments (Law 12.431/2011). The financial bonds favored by this policy have become known …, the government might have failed in encouraging the companies to join the initiative. In essential infrastructure sectors …
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such as infrastructure, switching costs (including risks), balancing frontier innovation and adaptation, and the relative …
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. Three key areas are considered, namely occupational and agricultural choice; provision of public goods and infrastructure as …
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