6月14日下午，在北京大学汇丰商学院335室，来自乔治城大学的Jose Asturias教授为北京大学汇丰商学院师生带来一场题为“Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral of India”的讲座。Jose Asturias教授于宾夕法尼亚大学获得数学的学士学位，和经济学的学士学位，并在明尼苏达大学获得经济学的硕士和博士学位。他的研究兴趣在国际贸易，增长和发展和宏观经济方向。
A significant amount of resources is spent every year on the improvement of transportation infrastructure in developing countries. In this paper, we investigate the effects of one such large project, the Golden Quadrilateral in India, on the income and allocative efficiency of the economy. We do so using a quantitative model of internal trade with variable markups. We calibrate the model to the Indian manufacturing sector and find real income gains of 2.71%. We also find that allocative efficiency accounts for 8% of these gains. The importance of allocative efficiency varies greatly across states, and can account for up to 19% of the overall gains. Thus, allocative efficiency can play an important role in determining both the size and distribution of gains from new infrastructure.