Did High-Speed Rail Promote Local Economic Activities? Application of Night-Time Satellite Data

Event | 18 January 2018
ADBI, Tokyo, Japan

Speaker: Hyunjoo Yang
Affiliation: Incheon National University
Time: 12:00–13:00

Background

Because of the lack of data on small spatial scale, measuring local economic impacts of infrastructure improvement has been difficult. To overcome this, Hyunjoo Yang introduces night-time satellite data to construct a proxy measure for local economic activities. His research shows that the introduction of the high-speed rail (HSR) system in the Republic of Korea in 2004 increased local economic activities near HSR stations by 10% in 10 years.

About the Speaker

Hyunjoo Yang is an economist specializing in economic growth and development. He is an assistant professor at Incheon National University, Republic of Korea. Before that, he was an associate fellow at the Korea Development Institute. He earned his PhD in economics at Brown University in 2016.

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