Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/238537 
Year of Publication: 
2020
Series/Report no.: 
ADBI Working Paper Series No. 1180
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
This paper studies the regional treatment effects of infrastructure projects on employment and transport volumes by combining the quantitative econometric method with qualitative case studies. The quantitative method that we use is synthetic control, which allows us to analyze the causal effects on particular treatment groups. The regions of interest in our study are Duisburg and Piraeus. Both the quantitative and the qualitative evidence reveal that the impact on maritime transportation in Piraeus is very significant. Although the quantitative evidence shows a rather modest effect on employment before 2016, the qualitative evidence suggests a more significant effect in recent years. We interpret this as the postponed effects from infrastructure provision on various outcome variables. Moreover, we find that rail transport does not crowd out local road transport.
Subjects: 
infrastructure
employment
Belt and Road Initiative
Duisburg
Piraeus
maritime transportation
rail
road
JEL: 
R4
N7
J6
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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