All aboard: The effects of port development

• 成果类型: Article
• 署名作者: Ducruet, Cesar; Juhasz, Reka; Nagy, David Krisztian; Steinwender, Claudia
• 署名单位: Centre National de la Recherche Scientifique (CNRS); University of British Columbia; National Bureau of Economic Research; Centre de Recerca en Economia Internacional (CREI); Pompeu Fabra University; University of Munich
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2024.103963
• 发表日期: 2024
• 关键词: ports; Containerization; Quantitative economic geography; Endogenous trade costs

摘要

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. Net of the costs, our results suggest that containerization in seaports increased world welfare by 3.4%.