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Die Verkehrsinfrastruktur in Deutschland ist chronisch unterfinanziert. Das belegen die Berichte zahlreicher Kommissionen zur Verkehrsinfrastrukturfinanzierung. Notwendige Maßnahmen zur Erhaltung, die durch das ständig wachsende Verkehrsaufkommen dringend erforderlich sind, werden nur in...
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This paper presents evidence that high speed rail systems, by bringing economic agents closer together, sustainably promote economic activity within regions that enjoy an increase in accessibility. Our results on the one hand confirm expectations that have led to huge public investments into...
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We use the expansion of the high-speed rail network in Germany as a natural experiment to examine the causal effect of reductions in commuting time between regions on the commuting decisions of workers and their choices regarding where to live and where to work. We exploit three key features in...
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