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首页> 外文期刊>Journal of Development Economics >Who wins, who loses? Understanding the spatially differentiated effects of the belt and road initiative
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Who wins, who loses? Understanding the spatially differentiated effects of the belt and road initiative

机译：谁赢了，谁失去了？ 了解皮带和道路倡议的空间差异化效应

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This paper examines how cities and regions within countries adjust to trade openness and improved connectivity driven by large transport investments from China's Belt and Road Initiative. The paper presents a general equilibrium model alongside spatially detailed information on the location of people, economic activity, and transport costs in Central Asia and China. The model builds on Fajgelbaum and Redding (2018) adding restrictions on internal mobility. We use this framework to identify which places are likely to gain and which places are likely to lose. The findings are that BRI transport investments favor development in larger urban districts near trade hubs, while people in more distant regions tend to lose out. Investments in trade facilitation are complementary policies that bring large additional welfare gains and can help in spatially spreading the benefits. However, barriers to internal labor mobility are likely to exacerbate wage inequalities while dampening overall welfare.
机译：本文研究了各国内的城市和地区如何适应贸易开放性，并通过中国腰带和道路倡议的大型交通投资推动的连接。本文展示了一般的均衡模型，与中亚和中国中亚人民，经济活动和运输成本的空间详细信息相同。 Fajgelbaum和Redding（2018）上的模型构建了内部移动性的限制。我们使用此框架来确定哪些地方可能会获得哪些地方，哪些地方可能会失败。研究结果是，Bri运输投资在贸易中心附近的较大城区的发展有利于发展，而更远的地区的人则倾向于失败。贸易便利化的投资是互补的政策，带来了大量额外的福利收益，可以帮助在空间上传播福利。然而，内部劳动力流动性的障碍可能会在抑制整体福利时加剧工资不平等。

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