第163回「制度と組織の経済学」研究会 (共催：IPP研究会） 開催のお知らせ

「制度と組織の経済学」研究会はOEIO（The Osaka Workshop on Economics of Institutions and Organizations：東京大学社会科学研究所と大阪大学IPP研究会による研究会）の主催により、理論研究・実証研究を問わず、ミクロ経済理論、マクロ経済理論、経済史等をテーマに研究しています。 皆様のご参加をお待ちしております。

Presenter： 石瀬寛和 氏（ 大阪大学大学院 国際公共政策研究科 ）

Title： ” Gauge Size of the Border: the Effect of Railroad Connection on International Trade ”

Abstract： I study the contribution of rail connections to international trade using a gravity regression. To deal with the potential endogeneity problem of the cross-border rail connections, I use an instrument; whether a pair of neighboring countries use the same rail gauges. The rail gauge is historically determined. One factor is the construction costs determined by the geographic conditions. Another factor is the former political boundaries when railroads were constructed. Even after controlling for these observable characteristics, whether a pair of countries use the same gauge strongly predicts the cross-border rail connection. Having some rail connections would increase trade value by about 2.7 times larger. The coefficient without dealing with the endogeneity problem is approximately the same or slightly smaller than the coefficient estimated with the instrument depending on the specifications.

詳細：https://www.osipp.osaka-u.ac.jp/ja/oeio-163/