Transport infrastructure and economic performance: An evaluation of the Milan-Bologna high-speed rail corridor

Dante Di Matteo, Ilaria Mariotti and Federica Rossi

Socio-Economic Planning Sciences, 2023, vol. 85, issue C

Abstract: This paper evaluates the impact of high-speed rail on the economic performance of the Milan-Bologna corridor in Northern Italy in terms of gross value added, distinguishing between services and manufacturing. The evidence-based impact assessment is carried out through propensity score matching difference-in-differences, event study, and synthetic control methods using NUTS 3 provincial panel data 2000–2018. The results suggest overall positive effects for the NUTS 3 provinces directly exposed to the programme. Still, sectoral heterogeneities arise depending on the specialization of the place hosting a high-speed railway stop. Moreover, different magnitudes occur depending on whether or not a high-speed station is located in a central place.

Keywords: High-speed rail; Gross value added; Transport infrastructure impact assessment; Evidence-based evaluation (search for similar items in EconPapers)
JEL-codes: C21 H54 O18 R40 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceps:v:85:y:2023:i:c:s0038012122000891

DOI: 10.1016/j.seps.2022.101304

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