One of our key findings is a positive market access

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Unformatted text preview: (300 kmh). The authors looked at the prosperity and growth of two towns with stations on the new line – Limburg and Montabaur – and compared them with more than 3,000 other municipalities in the surrounding regions. The new line brought Limburg and Montabaur within a 40-minute journey of both Cologne and Frankfurt. Over a four-year period, the researchers found that both towns and the area immediately around them saw their economies grow by at least 2.7 per cent more than their unconnected neighbours. This effect, say the authors, is entirely attributable to the improved access to markets for Limburg and Montabaur and not to any external factors or inherent growth. They chose the two towns for the study because both were included on the high-speed route due to lobbying by regional government and not because their economies were powerful or expanding. Dr Ahlfeldt, from the Department of Geography and Environment at LSE, said: 'One of the problems with identifying the impact of high-s...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas at Austin.

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