Effect of opening high-speed railway on family travel consumption

Wenhua Yang and Yigang Lin

Finance Research Letters, 2024, vol. 69, issue PA

Abstract: This study investigates the relationship between the opening of a high-speed railroad and family tourism consumption. It empirically finds that the opening of a high-speed railroad can promote family tourism consumption. Specifically, such high-speed railroad opening has varying impacts on the tourism consumption of (1) families with varying income levels, (2) urban and rural families, and (3) families with different education levels.

Keywords: High-speed rail; Family tourism; Consumption (search for similar items in EconPapers)
JEL-codes: D12 L83 R42 Z32 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324010870

DOI: 10.1016/j.frl.2024.106057

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