| dc.contributor.author | Donaldson, Dave | |
| dc.date.accessioned | 2020-11-17T20:09:00Z | |
| dc.date.available | 2020-11-17T20:09:00Z | |
| dc.date.issued | 2018-04 | |
| dc.identifier.issn | 1944-7981 | |
| dc.identifier.uri | https://hdl.handle.net/1721.1/128506 | |
| dc.description.abstract | How large are the benefits of transportation infrastructure projects, and what explains these benefits? This paper uses archival data from colonial India to investigate the impact of India's vast railroad network. Guided by four results from a general equilibrium trade model, I find that railroads: (1) decreased trade costs and interregional price gaps; (2) increased interregional and international trade; (3) increased real income levels; and (4) that a sufficient statistic for the effect of railroads on welfare in the model accounts well for the observed reduced-form impact of railroads on real income in the data. ©2018 American Economic Association. All rights reserved. | en_US |
| dc.description.sponsorship | Economic and Social Research Council (RES-167-25-0214) | en_US |
| dc.language.iso | en | |
| dc.publisher | American Economic Association | en_US |
| dc.relation.isversionof | https://dx.doi.org/10.1257/AER.20101199 | en_US |
| dc.rights | Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. | en_US |
| dc.source | American Economic Association | en_US |
| dc.title | Railroads of the Raj: Estimating the Impact of Transportation Infrastructure | en_US |
| dc.type | Article | en_US |
| dc.identifier.citation | Donaldson, Dave, "Railroads of the Raj: Estimating the Impact of Transportation Infrastructure." American Economic Review 108, 4-5 (April 2018): 899-934 doi. 10.1257/aer.20101199 ©2018 Authors | en_US |
| dc.contributor.department | Massachusetts Institute of Technology. Department of Economics | en_US |
| dc.relation.journal | American Economic Review | en_US |
| dc.eprint.version | Final published version | en_US |
| dc.type.uri | http://purl.org/eprint/type/JournalArticle | en_US |
| eprint.status | http://purl.org/eprint/status/PeerReviewed | en_US |
| dc.date.updated | 2019-10-22T16:44:43Z | |
| dspace.date.submission | 2019-10-22T16:44:46Z | |
| mit.journal.volume | 108 | en_US |
| mit.journal.issue | 4-5 | en_US |
| mit.metadata.status | Complete | |
