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High-speed railways (HSRs) greatly decrease transportation costs and facilitate the movement of goods, services, and passengers across cities. In the context of the Covid-19 pandemic, however, HSRs may contribute to the cross-regional spread of the new coronavirus. This paper evaluates the role...
Persistent link: https://www.econbiz.de/10014078979
This study investigates the ex post impact of the Beijing-Shanghai high speed rail (BJHSR) on housing values. A dataset including 1,016 housing communities from the 22 cities along the BJHSR line are analyzed in the tradition of the hedonic pricing model using three estimation procedures: a...
Persistent link: https://www.econbiz.de/10013031669
This study examines the impact of transportation infrastructure on corporate innovation. This topic is important because transportation infrastructure represents one of the major types of government spending and innovation is crucial for economic growth at both firm- and national levels. To shed...
Persistent link: https://www.econbiz.de/10012923026
A broad-scale rollout and adoption of new high-speed broadband networks and services, respectively, is expected to generate innovative services for consumers and create a high potential for productivity increases and economic growth. However, there is no evidence available on the causal impact...
Persistent link: https://www.econbiz.de/10014380610
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China has suffered railway capacity constraints for more than several decades and the need for a large increase in rail capacity has been viewed as the primary challenge. The former Chinese Ministry of Railways believed that building a national wide high speed railway (HSR) network was the most...
Persistent link: https://www.econbiz.de/10010434276
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The European Union introduced the concept of Trans-European transport networks in 1996 and developed it from a set of projects into a comprehensive network plan in 2013. The high-priority components of this plan (for 2050) are a core network and nine core network corridors (CNCs), which the...
Persistent link: https://www.econbiz.de/10012007535
In recent years there has been an increasing move towards allowing for impacts beyond the direct user benefits and costs in the appraisal of transport investments. Much of the interest to date has been in justifying the inclusion of such wider impacts as a genuine net addition to a cost-benefit...
Persistent link: https://www.econbiz.de/10012008725