This paper explores the effect of the High Speed Rail (HSR) network expansion on local innovation in China during the period 2008-2016. Using exogenous variation arising from a novel instrument - courier’s stations during the Ming dynasty, we find solid evidence that the opening of a HSR...

This paper explores the effect of the High-Speed Rail (HSR) network expansion on local innovation in China during the period 2008-2016. Using exogenous variation arising from using courier’s stations during the Ming dynasty as instrument, we find solid evidence that the opening of an HSR...

In terms of the number of its patent applications, in 2012 China has emerged as the country with the largest IP office in the world. The performance of the Chinese IP system is thus increasingly in the spotlight. While significant economic studies have been devoted to the rise of domestic...