000 | 02254nam a2200325 c 4500 | ||
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003 | ES-MaIEF | ||
005 | 20190109191307.0 | ||
007 | ta | ||
008 | 170221t2018 spa||||oo||d||||||||eng|u | ||
040 |
_aES-MaIEF _bspa _cES-MaIEF |
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041 | _aeng | ||
100 | 1 |
_966849 _aAsturias, José |
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245 | 0 |
_aCompetition and the welfare gains from transportation infrastructure _b : evidence from Golden Quadrilateral of India _c Jose Asturias, Manuel García - Santana, Roberto Ramos |
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260 |
_aMadrid _bBanco de España _c2018 |
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300 |
_a73 p. _b : gráf. _c ; 30 cm. |
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490 | _aBanco de España. Documentos de trabajo ; 1816 | ||
500 | _aDisponible en formato PDF en el repositorio de la Biblioteca del IEF con el nombre: OL 332. | ||
500 | _aResumen. | ||
504 | _aBibliografía. | ||
520 | _aA significant amount of resources is spent every year on the improvement of transportation infrastructure in developing countries. In this paper, we investigate the effects of one such large project, the Golden Quadrilateral in India. We do so using a model of internal trade with variable markups. In contrast to the previous literature, our model incorporates several channels through which transportation infrastructure affects welfare. In particular, the model accounts for gains stemming from improvements in the allocative effi ciency of the economy. We calibrate the model to the Indian manufacturing sector and fi nd real income gains of 2.7%. We also fi nd that allocative effi ciency accounts for 7.4% of these gains. The importance of allocative effi ciency varies greatly across states, and can account for up to 18% of the overall gains in some states. The remaining welfare gains are accounted for by changes in labor income, productive effi ciency, and average markups that affect states’ terms of trade. | ||
650 | 4 |
_aINFRAESTRUCTURAS _947388 |
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650 | 4 |
_aTRANSPORTES _948594 |
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650 | 4 |
_aCOMERCIO INTERIOR _938054 |
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650 | 4 |
_aBIENESTAR SOCIAL _933421 |
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650 | 4 |
_aINDIA _945694 |
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700 | 1 |
_966850 _aGarcía Santana, Manuel |
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700 | 1 |
_966851 _aRamos, Roberto |
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856 | _uhttps://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/18/Files/dt1816e.pdf | ||
942 | _cRE | ||
999 |
_c139621 _d139621 |