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...

In this paper we investigate the effects of new railway stations on house prices using an extensive repeated sales dataset over a period of 13 years. We employ semiparametric panel data techniques allowing for anticipation effects of station openings. We show that a kilometre reduction in...

This study analyzes the effect of high-speed rail (HSR) projects on CO 2 emissions in targeted city nodes of four selected HSR lines/segments in China. We employ a panel data counterfactual approach to analyze the impact of HSR on local CO 2 emissions using prefecture-level data. We consider 18...