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This study measures the market power of China's national railway operator and analyzes its contributing and determining factors. A newly-developed stochastic frontier method is used to estimate the Lerner indexes of the operator's 18 regional railway bureaus from 1995-2014. A regression is then...
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Within the context of a transition economy, this paper estimates how improved access to employment centers is capitalized into house price. We conduct an event study for the opening of subway Line 6 in Pudong district, Shanghai, China. The new line significantly reduces the commuting time to...
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With unique house transaction data, we study the distributional effect of high-speed rail (HSR) by examining the house price premium of industrial parks in two important core-periphery pairs of China. For “Shanghai-Suzhou” pair, the premium of manufacturing industrial parks grows in the...
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Introduction -- General Spatiotemporal Transportation Theory Development -- Key Transportation Elements -- Transportation Mode Development in Practices -- Transportation Events and Viewpoints -- Conclusions.
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