暨南经院学术系列活动之区域科学系列 Seminar 第15期:林娅棠(香港科技大学)

发布者:余璐尧发布时间:2021-11-15浏览次数:878

暨南经院学术系列活动之

区域科学系列Seminar15


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(太阳城集团)

会议时间:2021 11 18 日(周四)15:00-17:00

会议工具:腾讯会议(ID570 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。