13 September 2019

Modeling the Spatiotemporal Urban Spillover Effect of High-Speed Rail Infrastructure Development

Written by Asian Development Bank
Developed by Asian Development Bank
13 September 2019
This paper introduces and applies the concept of spillover effects to high-speed rail (HSR) development to formulate the economic impact on increasing the regional tax revenue. The construction started in 1991, and it commenced operation in 2004 and became fully operational in 2011. We aim to extend the idea to spatiotemporal modeling and analysis by developing a spillover effect extent estimation model.
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