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This paper investigates a fundamental question related to the massive railway infrastructure development in China. What is the impact of high-speed rail (HSR) on regional economic disparity? The question is investigated from three perspectives. First, the influence of HSR on regional economic disparity is discussed theoretically from the perspective of New Economic Geography. Second, the variation...
This study develops and applies a multimodal computable general equilibrium (CGE) framework to investigate the role of resilience in the economic consequences of transportation system failures. Vulnerability and economic resilience of different modes of transportation infrastructure, including air, road, rail, water and local transit, are assessed using a CGE model that incorporates various resilience...
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