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selected HSR lines/segments in China. We employ a panel data counterfactual approach to analyze the impact of HSR on local CO 2 …
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The focus of this study is to assess the causal impact of the connection of a local area to a high-speed rail network (HSR) on firms' total factor productivity (TFP). The quasi-random location of the HSR station in the Italian city of Reggio Emilia is exploited in a Difference-in Differences...
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suggests that eliminating these subsidies would result in a welfare gain for China comparable to that of halving its trade …
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