Multimodal Transport Networks

We thank Treb Allen, Adina Ardelean, Costas Arkolakis, Bruce Blonigen, Matilde Bombardini, Mark Colas, Arnaud Costinot, Doireann Fitzgerald, Cecile Gaubert, Brian Greaney, David Hummels, Samuel Kortum, Nelson Lind, Yuhei Miyauchi, Andrii Parkhomenko, David Nagy, Esteban Rossi-Hansberg, Georg Schaur, Joseph Shapiro, Hugo E. Silva, Conor Walsh, and seminar participants at UC Berkeley Haas School of Business, Emory University, Hong Kong University, INSEAD, Kiel Institute, Minneapolis Federal Reserve Bank, Monash University, National University of Singapore, Purdue University, Seoul National University, Singapore Management University, UBC Sauder School of Business, University of Auckland, University of Chicago, University of Melbourne, University of Stavanger, University of Sydney, and University of Washington. We also appreciate the helpful feedback from workshop and conference participants including the Barcelona Summer Forum, NBER Conference on Economics of Transportation, Ron Jones Workshop (Rochester University), International Trade and Macro Workshop (St Louis Federal Reserve Bank), Trade Mini-Conference (UCLA), the 1st Annual World Bank Conference on Transport Economics, West Coast Trade Workshop (UC Davis), and West Coast Spatial Workshop (UC Berkeley). Benjamin Delgado and Philip Economides provided excellent research assistance. The views in this paper are solely the responsibility of the authors and should not necessarily be interpreted as reflecting the views of the Board of Governors of the Federal Reserve System, any other person associated with the Federal Reserve System, or the National Bureau of Economic Research. All errors are our own. We are grateful to the NBER, DOT, and NSF for project support under the “Economics of Transportation in the 21st Century” Initiative (Award number SES-1559013, Project number 36363.03.08.00).