All aboard: the effects of port development

Ducruet, César, Juhasz, Reka, Nagy, Dávid Krisztián and Steinwender, Claudia (2020) All aboard: the effects of port development. CEP Discussion Papers (CEPDP1734). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

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Abstract

Seaports facilitate the fast flow of goods across space, but ports also entail local costs borne by host cities. We use the introduction of containerized shipping to explore the effects of port development. At the local level, we find that seaport development increases city population by making a city more attractive, but this market access effect is offset by costs which make the city less attractive. At the aggregate level, we find that the local costs associated with port development are heterogeneous across cities and reduce aggregate welfare gains, which however are still positive and substantial.

Item Type:	Monograph (Discussion Paper)
Official URL:	https://cep.lse.ac.uk/_new/publications/discussion...
Additional Information:	© 2020 The Authors
Divisions:	Centre for Economic Performance
Subjects:	H Social Sciences > HC Economic History and Conditions
JEL classification:	R - Urban, Rural, and Regional Economics > R4 - Transportation Systems > R40 - General O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes
Date Deposited:	19 Jan 2021 15:21
Last Modified:	15 Mar 2024 10:45
URI:	http://eprints.lse.ac.uk/id/eprint/108496

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