讲座：Valuing Domestic Transport Infrastructure: A View from the Route Choice of Exporters
题 目：Valuing Domestic Transport Infrastructure: A View from the Route Choice of Exporters
嘉 宾：陆 毅 教授 清华大学
主持人：徐 玏 助理教授 上海交通大学安泰经济与管理学院
地 点：上海交通大学 徐汇校区安泰楼 A403室
A key input to quantitative evaluations of transport infrastructure projects is their impact on transport costs. This paper proposes a new method of estimating this impact relying on widely accessible customs data: by using the route choice of exporters. We combine our method with a spatial equilibrium model to study the aggregate effects of the massive expressway construction in China between 1999 and 2010. We find that the construction brings 5.1% welfare gains, implying a net return to investment of 150%. Our analysis also produces some intermediate output of independent interest, for example, a time-varying IV for city-sector export.
Professor Lu Yi's research interests include public finance, international trade and regional economics. He has published in journals such as American Economic Journal: Applied Economics, Review of Economics and Statistics, and Journal of International Economics. He has also published in Chinese journals such as Social Sciences in China and Economic Research Journal. He has won the Ministry of Education Scientific Research Outstanding Achievements (Humanities and Social Sciences) Award and Anzijie International Trade Research Awar. He is currently associate editor of the Journal of Comparative Economics and China & World Economy.