RESEARCH
Published Peer-Reviewed Work
2022:
2021:
2020:
Other Published Work:
Under Review
"Ports, Trade, Employment, and Local Factor Prices: Empirical Evidence based on Disaster-induced Rerouting of International Trade." Under Review. 03/31/2022. (Working Paper Version)
"Ports, Trade, Employment, and Local Factor Prices: An Urban Equilibrium Theory." Under Review. 03/31/2022. (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.
"Revealed and Stated Preference Modeling of Transportation Demand: A Control Function Approach." (with Wesley W. Wilson)
The demand for freight transportation plays a central role in evaluating infrastructure investments and the effects of pricing decisions. In this study, we use survey data of agricultural shippers to estimate transportation demand decisions using a choice model where shippers choose the mode and the destination which define the shipment. In agricultural markets, there are an enormous number of destinations and shippers face a different set of modal options. In our data, shippers reveal the relevant choice set (alternative mode/destination pairs that they consider) and the decision made. The decision rests on a set of attributes, and as is commonly observed with revealed data, the range of attributes can be limited. We follow recent research wherein revealed data are supplemented with a set of stated preference data to estimate the choice model. In our case, the stated preference data are based on the revealed data and make the stated preference data endogenous. We control for the endogeneity of stated preference data using a control function approach, and apply the model to agricultural shippers in the Ohio River Basin. We find that prices received for the product shipped, the transport rate, the time in transit, and reliability of the mode each have statistically important effects on decisions. The results are then used to find that modal demands are relatively inelastic with respect to each of the attributes as well as modes and point to a considerable number of captive shippers.
"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