Fast Trains, Supply Networks, and Firm Performance

Investment in high-speed rail accounts for billions in investment worldwide, but little research has been done on its effect on firm performance. This column introduces a model of firm supply networks, and presents evidence from the opening of an extension to the Shinkansen railway in Japan. The authors show that input-intensive industries benefit relatively more. […] View the full post at: Fast Trains, Supply Networks, and Firm Performance Related posts: The Health Care Bill Introduces Large Taxes on Firm Growth Global Asset Class Performance Chart (Sep 28-Oct 2) Homebuilders Still Crippled by Supply