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From Social Savings to Spatial Equilibrium: Evaluating Transportation Improvements in Quantitative Spatial Models

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NBER2026-08-01 更新2026-08-21 收录
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How do we evaluate the welfare gains from transport infrastructure investment? We present a quantitative spatial framework that integrates traffic and economic responses to infrastructure improvements and derives the elasticity of aggregate welfare to changes in the transportation network. The

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2026-08-01
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