暨南经院学术系列活动之
区域科学系列Seminar第15期
主题：Expanding Footprints: The Impact of Passenger Transportation on Corporate Locations
主讲人：林娅棠（香港科技大学）
主持人：武文杰（88858cc永利官网）
会议时间：2021 年 11 月 18 日（周四）15:00-17:00
会议工具：腾讯会议（ID：570 840 528）
摘要
This paper investigates how transportation networks shape firms’ geographic footprint by reducing monitoring costs of distant investments. Exploiting the staggered expansions of China’s passenger high-speed rail (HSR) network, we document that the amount of intercity investment between a pair of cities increase by 45% with the introduction of an HSR line connecting the cities. We enhance the causal inference by applying high-dimensional fixed effects, and focusing on city pairs that are “accidentally” connected in the network. The HSR effect is the strongest in industries that require on-site monitoring, as well as for controlling stakes in large distant investments.
★主讲人简介★
林娅棠，香港科技大学经济系和公共政策系助理教授，主要研究方向为城市经济学与能源环境经济学，在 Nature Climate Change, Journal of Urban Economics, Regional Science and Urban Economics 等期刊发表论文数篇。
