第163回「制度と組織の経済学」研究会 (共催：IPP研究会）

日時:　2024年10月18日（金）13:30 ～ 15:00
場所: 大阪大学豊中キャンパス国際公共政策研究科（OSIPP）棟 6階会議室
申込:　yuri-kitabayashi@iss.u-tokyo.ac.jp（東京大学中林研究室北林様宛)

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”

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. Abstract：石瀬寛和