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This book offers new insights into the wider socio-economic impacts of high-speed rail (HSR). Over the past few decades, significant investments have been made in these systems around the world. The use of public funds for the construction of high-speed rail offers a range of benefits, such as...
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We study the impact of transportation infrastructure construction on the degree of mixed-ownership reform of local state-owned enterprises. We find that the opening of high-speed rail can significantly promote the mixed ownership reform process of local state-owned enterprises. Mechanism testing...
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