Plausibly Exogenous [1113] - High-speed Rail (02/17/2023)
LHS Variable
Flows of private investments
RHS Variable
Transportation infrastructure projects
Source of Exogenous Variation
Staggered expansions of China’s passenger high-speed rail (HSR) network as plausibly exogenous shocks to the ease of travel between cities
- Lin et al. (2019), “Facilitating Investment Flows: Evidence from China's High-Speed Passenger Rail Network”