콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Territorial Development Transport/Logistics
Social Development Employment

Print

The impact of improved passenger transport system on manufacturing plant productivity

Related Document
Frame of Image
  • The impact of improved passenger transport system on manufacturing plant productivity
  • Baek, Jisun; Park, WooRam
  • KDI School of Public Policy and Management


link
Title The impact of improved passenger transport system on manufacturing plant productivity
Similar Titles
Material Type Reports
Author(English)

Baek, Jisun; Park, WooRam

Publisher

[Sejong, South Korea]:KDI School of Public Policy and Management

Date 2015-05
Series Title; No KDI school of pub policy & management paper / 15-02
Pages 36
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Territorial Development < Transport/Logistics
Social Development < Employment
Holding SSRN

Abstract

In this paper, we examine the effect of transportation infrastructure on the productivity of manufacturing plants. In particular, we analyze whether improved passenger transportation connections to metropolitan cities positively affects manufacturing plant productivity in non-metropolitan counties. The recent introduction of the Korea Train eXpress(KTX) high-speed train allows us to study the causal impact of improved passenger transport. We apply a difference-in-differences framework to plant-level data, by exploiting the exogenous timing of high-speed train introduction and the location of the new KTX stations which have not been altered endogenously. Specifically, we compare the plants in counties without high-speed train stations with those in the counties with high-speed train stations. The empirical results suggest an increase of approximately 4.6 percent in the productivity of manufacturing plants due to the introduction of the high-speed train. (The rest omitted)