Reducing global poverty and addressing climate change and other environmental crises are
among the most important challenges facing humanity today. This review discusses one way …

This chapter surveys the theoretical and empirical literature on the relationship between the
spatial distribution of economic activity and transportation costs. We develop a multiregion …

Abstract The Belt and Road Initiative (BRI) is driving the rapid growth of China's outward
foreign direct investment (OFDI) across the BRI region. Many BRI host countries, which are …

Abstract Since 2015, the United Kingdom (UK) has increased its investment in transportation
infrastructure to compensate for years of underinvestment in comparison with peer countries …

We study the effects of becoming a supplier to multinational corporations (MNCs) using tax
data tracking firm-to-firm transactions in Costa Rica. Event study estimates reveal that …

We study how goods-and labor-market frictions affect aggregate labor productivity in China.
Combining unique data with a general equilibrium model of internal and international trade …

Nearly one billion people worldwide live in rural areas without access to national paved
road networks. We estimate the impacts of India's $40 billion national rural road construction …

We investigate the effects of the recently constructed Chinese national highway system on
local economic outcomes. On average, roads that improve access to local markets have …

We show that foreign capital liberalization reduces capital misallocation and increases
aggregate productivity for affected industries in India. The staggered liberalization of access …

Infrastructure investment may reshape economic activities. In this article, I examine the
distributional impacts of high-speed rail upgrades in China, which have improved …