This paper develops a multi‐stage general‐equilibrium model of global value chains (GVCs) and studies the specialization of countries within GVCs in a world with barriers to …
Using newly constructed spatially disaggregated data for London from 1801 to 1921, we show that the invention of the steam railway led to the first large-scale separation of …
Public capital can play an important role in increasing long-run output and standards of living. Because of nonrivalry in consumption, non excludability in use, or both, the private …
This paper estimates the effects of improving public transit infrastructure on city structure and welfare. It develops a sufficient statistics approach common to a class of quantitative urban …
In this paper, we study the role of the transportation sector in world trade. We build a spatial model that centers on the interaction of the market for (oceanic) transportation services and …
Urbanization has led to unprecedented challenges in maintaining air quality, significantly impacting public health. This review delves into the diverse sources of urban pollution and …
This paper presents a structural general equilibrium model to analyze the effects on trade, welfare, and gross domestic product of common transport infrastructure. The model builds …
Coasts contain a disproportionate share of the world's population, reflecting historical advantages, but environmental change threatens a reversal of coastal fortune in the coming …
We study optimal transport networks in spatial equilibrium. We develop a framework consisting of a neoclassical trade model with labor mobility in which locations are arranged …