That’s the question that we (myself, Roger Mayer of NC State and Jing Zhao at Portland State) lately studied in a paper that is forthcoming within the finance journal: Financial Administration. My teaching work is restricted to buying and selling and funding companies, so I can not provide on-line advice or companies to individual merchants. I do, nevertheless, welcome questions concerning the concepts on this blog. You may electronic mail me on the deal with on my bio and contact page. I am additionally obtainable by way of Twitter ( @steenbab ), the place I will continue to link new posts and articles.
Our key discovering is that implied travel time reductions and consequent enhancements in access to home markets boosted industrial productivity and GDP in areas affected by the opening of latest airports. The effects are substantial, with a ten% improve in entry stimulating industrial output by round 2.5%. … Read More