| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15771 |
| DP15771 High-speed Rail and the Spatial Distribution of Economic Activity: Evidence from Japan's Shinkansen | |
| Kazunobu Hayakawa; Hans Koster; Jacques-François Thisse | |
| 发表日期 | 2021-02-06 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We investigate the effects of high-speed rail (HSR) on the location of economic activity. We set up a spatial quantitative general equilibrium model that incorporates spatial linkages between firms (including manufacturing and services), agglomeration economies, as well as commuting and migration. The model is estimated for Japan in order to investigate the impacts of the Shinkansen, i.e., the first HSR ever built. We show that traveling by train strengthens firms' linkages, but is less important for commuting interactions. The Shinkansen increases welfare by about 5%. We show that extensions of the Shinkansen network may have large effects (up to a 30% increase in employment) on connected municipalities, although the effects are smaller for places with higher fixed costs. Our counterfactuals show that, without the Shinkansen, Tokyo and Osaka would be 6.3% and 4.4% larger, respectively. |
| 主题 | International Trade and Regional Economics |
| 关键词 | High-speed rail Employment Population Agglomeration Commuting |
| URL | https://cepr.org/publications/dp15771 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544772 |
| 推荐引用方式 GB/T 7714 | Kazunobu Hayakawa,Hans Koster,Jacques-François Thisse. DP15771 High-speed Rail and the Spatial Distribution of Economic Activity: Evidence from Japan's Shinkansen. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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