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Transport investment is a popular policy instrument and many recent studies have investigated whether new infrastructure generates economic benefits and has spatial economic impacts. Our work approaches the question diff...Read more...
Stephen Gibbons, Stephan Heblich and Ted Pinchbeck
6 August 2018
We analyze the economic impact of the German high-speed rail (HSR) connecting Cologne and Frankfurt, which provides plausibly exogenous variation in access to surrounding economic mass. We find a causal effect of about 8...Read more...
Gabriel M. Ahlfeldt and Arne Feddersen
1 March 2018
25 March 2015