2024
César Ducruet et al., « All aboard: the effects of port development », HALSHS : archive ouverte en Sciences de l’Homme et de la Société, ID : 10670/1.4lqsyz
Seaports facilitate the fast flow of goods across space, but ports also entail local costs borne by hostcities. We use the introduction of containerized shipping to explore the effects of port development.At the local level, we find that seaport development increases city population by making a city moreattractive, but this market access effect is offset by costs which make the city less attractive. At theaggregate level, we find that the local costs associated with port development are heterogeneousacross cities and reduce aggregate welfare gains, which however are still positive and substantial.