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A good transport network connects places better, but research traditionally contextualizes transportation as a line. Assessing transport connectivity's impact, we construct network indices derivable from Donaldson and Hornbeck's (2016) micro-foundations but propose better identification using a...
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This research unveils a “network-mediated spillover effect” of transport connectivity. The quasi-experiment was a 4.3-km rail line, servicing a small nonresidential area of Singapore but stimulating a city-wide spillover effect on housing prices for better connecting existing routes. By...
Persistent link: https://www.econbiz.de/10013300239
Examining China’s manufacturing and transportation, we analyze how rapid expressway-network expansion fostered market access and industrial development. A domestic-trade model generates the market-access formula, estimatable equations, and economics for empirical findings. An estimation of...
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Housing affordability is often concerning in superstar cities. Like the Taipei metropolis, housing is too expensive in the fully built-up central city, but jobs are there. How can the government incentivize developers to create new housing in areas where households need not be stretch commuters?...
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Does new road connectivity affect schooling and household spending on teenagers’ human capital development? We investigate this issue in the context of China’s expanding highway system. Using spatial-temporal national highway dataset and CFPS data, this paper employs variations in the timing...
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