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High-speed rail (HSR) has led to a transportation revolution in China. This paper uses county-level panel data of China's Yangtze River region to investigate the effect of connecting to an HSR line on local economy. To address the issue of endogenous HSR route placement, we employ a...
Persistent link: https://www.econbiz.de/10012922278
This paper evaluates the impact of high-speed rail (HSR) on tourism growth using China's city panel data from 2004 to 2015. The empirical results from the difference-in-differences method show that HSR connection does not promote tourism revenue but does boost tourist arrivals, leading to a...
Persistent link: https://www.econbiz.de/10012897278
It has long been hypothesized that democracy benefits the poor; however, the hypothesis still lacks solid empirical evidence. This paper contributes to providing new worldwide evidence on the poverty reduction effect of democracy which we refer to as the Amartya Sen hypothesis. The...
Persistent link: https://www.econbiz.de/10014100210