Published Peer-Reviewed Work
Friedt, Felix L. “Ports, Trade, Employment, and Local Factor Prices: Empirical Evidence based on Disaster-induced Rerouting of International Trade.” Forthcoming. Journal of Transport Economics and Policy. 11/9/2022. (Working Paper Version)
Other Published Work:
"Revealed and Stated Preference Modeling of Transportation Demand: A Control Function Approach." (with Wesley W. Wilson) Under Review. 11/9/2022. (Working Paper Version)
Work in Progress
“The triple effect of Covid-19 on Chinese exports: Frist evidence of the export supply, import demand and GVC contagion effects” (with Kaichong Zhang*). (Working Paper Version)
"Port City Exports and Employment Growth: An IV Approach to Quantify Local Trade Effects."
Plagued by the endogenous, joint determination of local economic growth, capital expenditure, and trade the previous literature has produced a controversial set of estimates concerning the effects of infrastructure investment and exports on the regional economy. In this study, we combine the instrumental variables (IV) and inconsequential unit approaches to identify the causal effect of local sea- and airborne exports on port cities’ economic development. Leveraging exogenous (inconsequential) variation in out-of-state export origins and destinations to instrument for in-state export activity facilitated through the same U.S. port of exit, we find a robust and significant positive effect of locally handled exports on port city employment. The trade effects are similar for exports facilitated by seaports and airports when these are the only available infrastructures, but in cities with both types of ports the local export effects on port-city employment are: 1) non-complementary; 2) notably smaller; and 3) primarily driven by exports facilitated by local seaports.
"Asymmetric Trade Effects in the Presence of Integrated Bilateral Transport Costs: The Importance of Trade Imbalances."
“Trade, Natural Disasters and the Role of Seaport Infrastructure.” (with Gan Qi Tang*).
“International Disaster Spillovers and the Role of Global Value Chains: Evidence from Japan” (with Daijiro Yokota*)
"The Resilience of Air vs. Seaborne Trade: Intermodal differences in the Response to Natural Disasters"
"The Nature of Noise Complainers and Housing Price Effects around MSP: An IV Approach." (w. Zefan Qian*)
Note: * indicates undergraduate student collaborator