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Roads to growth: The Brazilian way

Lookup NU author(s): Dr Alessio Tei

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Abstract

© 2021 Elsevier LtdIn this study we analyze the impact of road network extensions on economic development for a panel of industries in a set of Brazilian states observed over the period 2005–2015. We identify the effects of extending the road network using a differences-in-differences research design, where each industry exposure to road network depends on its reliance on transport services. Our main results suggest a positive causal impact of road network expansions on value added. We also find that the economic effects of road network expansions are larger in those states that are more distant from a major seaport and that positive regional spillovers occurred. An extensive set of robustness checks confirms our main findings.

Publication metadata

Author(s): Bottasso A, Conti M, Costacurta de Sa Porto P, Ferrari C, Tei A

Publication type: Article

Publication status: Published

Journal: Research in Transportation Economics

Year: 2021

Volume: 90

Print publication date: 11/12/2021

Online publication date: 30/04/2021

Acceptance date: 23/04/2021

ISSN (print): 0739-8859

Publisher: Emerald Group Holdings Ltd.

URL: https://doi.org/10.1016/j.retrec.2021.101086

DOI: 10.1016/j.retrec.2021.101086

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