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Difference-in-Differences in Equilibrium: Evidence from Placed-Based Policies
(CAF- banco de desarrollo de América Latina y el Caribe, 2023-12-26)
Violations of the stable unit treatment value assumption (SUTVA) are a common threat to identification of the effects of policies causing the resorting of agents between treated and untreated groups. We show that in such ...
The Long and Winding Roads: Roads, Inequality, and Growth in Colombia
(CAF, 2022-11-01)
We measure the impact on economic performance and land ownership inequality in municipalities of a large scale program of road network expansions and improvements that occurred in Colombia between 1993 to 2012. The treatment ...
Urban Transit Infrastructure: Spatial Mismatch and Labor Market Power
(2022-09)
Does transit infrastructure reduce labor market power? This paper estimates the effects of a large subway expansion on local labor market outcomes in Santiago, Chile. Using a linked employer-employee dataset with spatial ...
Transit Infrastructure and Couples’ Commuting Choices in General Equilibrium
(CAF, 2022-07-22)
What is the impact of improving the transit infrastructure on the gender earnings gap? How does family structure matter to un‐derstand the impact of new transit infrastructure? Recent mod‐els on spatial economics hinge on ...
How infrastructure shapes comparative advantage
(CAF, 2022-06-30)
This paper provides evidence that domestic trade costs are a source of comparative advantage. First, I build an international trade and internal geography model with transportation features and input-output linkages. Then, ...
Evaluating the Impact of Buenos Aires’s Metrobus on Within-City Spatial Sorting
(CAF, 2022-06-14)
How do improvements in the urban transport infrastructure affect the spatial sorting of residents with different levels of in-come and education within a city? What are the welfare effects of improving urban transit once ...
Roads illuminate development: Using nightlight luminosity to assess the impact of transport infrastructure
(CAF, 2022-06-14)
The research aims to evaluate the impact of paved major roads on economic growth at the municipal level in Bolivia, Paraguay and Ecuador. Due to the absence of municipal information, pub-licly available satellite data are ...
Waits and Delays in Road Freight Transport
(CAF, 2021-05-06)
This paper studies waits and delays in the trucking industry of a developing country: Colombia. We follow 186,000 longhaul trips over 926 routes between 2015 and 2019, using GPS devices located in trucks. We find that ...
Bimodal Transport Infrastructure and Regional Development: Evidence from Argentina, 1960 - 1991
(CAF, 2021-04-13)
We estimate the impact of railroad and road infrastructure on local economic development through the study of massive transport infrastructure changes in Argentina. Following a World Bank study, 10,000 kilometers of railroads ...
Public-infraestructure and energy-subsidy policies, energy access by the poor and long-term macroeconomic performance
(CAF, 2017-04-24)
This paper presents the main set-up and long-run results from a simple deterministic version of a dynamic stochastic general equilibrium model of a small open economy in Kawamura (2017). The model assumes two types of ...