TY - BOOK ID - 85289728 TI - Transport Infrastructure, City Productivity Growth and Sectoral Reallocation: Evidence from China PY - 2018 SN - 1484391209 1484391012 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Urban transportation. KW - City transportation KW - Metropolitan transportation KW - Municipal transportation KW - Transportation, Urban KW - City planning KW - Transportation KW - Urban policy KW - China KW - Economic conditions. KW - Infrastructure KW - Production and Operations Management KW - Demography KW - Industries: Manufacturing KW - Trade: General KW - National Government Expenditures and Related Policies: Infrastructures KW - Other Public Investment and Capital Stock KW - Economic Development: Urban, Rural, Regional, and Transportation Analysis KW - Housing KW - Economic Growth and Aggregate Productivity: General KW - General Regional Economics (includes Regional Data) KW - Industry Studies: Transportation and Utilities: General KW - Macroeconomics: Production KW - Production KW - Cost KW - Capital and Total Factor Productivity KW - Capacity KW - Investment KW - Capital KW - Intangible Capital KW - Demographic Economics: General KW - Industry Studies: Manufacturing: General KW - Macroeconomics KW - Population & demography KW - Manufacturing industries KW - Productivity KW - Total factor productivity KW - Population and demographics KW - National accounts KW - Manufacturing KW - Economic sectors KW - Saving and investment KW - Industrial productivity KW - Population KW - China, People's Republic of UR - https://www.unicat.be/uniCat?func=search&query=sysid:85289728 AB - This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between cities in China. To do so, I construct a unique dataset of bilateral transportation costs between Chinese cities, digitized highway network maps, and firm-level census. I first derive and estimate a market access measure that summarizes all direct and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal impact of highways on economic outcomes and the underlying channels. The results suggest that highways promoted aggregate productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to a sectoral reallocation between cities in China. ER -