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@article{Carbo:2018:10.1080/02664763.2018.1558188,
author = {Carbo, Martinez J and Graham, D and Anupriya, A and Casas, D and Melo, P},
doi = {10.1080/02664763.2018.1558188},
journal = {Journal of Applied Statistics},
pages = {1714--1723},
title = {Evaluating the causal economic impacts of transport investments: evidence from the Madrid-Barcelona high speed rail corridor},
url = {http://dx.doi.org/10.1080/02664763.2018.1558188},
volume = {46},
year = {2018}
}

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TY  - JOUR
AB  - This paper evaluates economic impacts arising from the introduction of high-speed rail (HSR) between Madrid and Barcelona. Using difference-in-differences estimation we estimate an average treatment effect for provinces with stops on the HSR line of 2.4% for economic output, 3.3% for numbers of firms, and 1.1% for labour productivity. We complement our DID results with a synthetic control analysis for Lleida and Tarragona, two provinces that we argue were assigned HSR stations largely due to their incidental location. We find that both the number of firms and labour productivity are substantially higher in these provinces than in their synthetic counterparts.
AU  - Carbo,Martinez J
AU  - Graham,D
AU  - Anupriya,A
AU  - Casas,D
AU  - Melo,P
DO  - 10.1080/02664763.2018.1558188
EP  - 1723
PY  - 2018///
SN  - 0266-4763
SP  - 1714
TI  - Evaluating the causal economic impacts of transport investments: evidence from the Madrid-Barcelona high speed rail corridor
T2  - Journal of Applied Statistics
UR  - http://dx.doi.org/10.1080/02664763.2018.1558188
UR  - https://www.tandfonline.com/doi/full/10.1080/02664763.2018.1558188
UR  - http://hdl.handle.net/10044/1/66651
VL  - 46
ER  -

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