Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/161631 
Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
Kiel Working Paper No. 2080
Verlag: 
Kiel Institute for the World Economy (IfW), Kiel
Zusammenfassung: 
The paper studies the impact of a switch from free to charged highway provision on firm numbers and private sector employment in a cross-section of Portuguese municipalities. It exploits the fact that highway tolls in Portugal were unexpectedly raised in reaction to the financial crisis to establish causality. Results from a difference-in-differences analysis indicate a significantly negative effect of highway tolls on number of firms and employment in treated municipalities vis-à-vis the control group. We also find negative effects of tolls in municipalities not directly traversed by the treated highways, with larger firms and manufacturing firms being most strongly affected.
Schlagwörter: 
infrastructure provision
regional economic development
quasi-natural experiment
JEL: 
R48
L25
R12
Dokumentart: 
Working Paper

Datei(en):
Datei
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