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Title: High-speed rail and Tourism in Europe: Regional Evidence
Author: Gambini, Cecilia
Director/Tutor: Albalate, Daniel, 1980-
Keywords: Trens d'alta velocitat
Tesis de màster
High speed trains
Masters theses
Issue Date: 2021
Abstract: This paper analyses the impact high-speed railway (HSR) lines have on touristic outcomes in NUTS2 European regions. To do so, it employs a panel data two-way fixed effects methodology, regressing two dependent variables, tourist arrivals and average stays, on two main policy variables of interest, presence of HSR and number of lines in a region, and controls. In order to account for the possibility of endogeneity of the policy variables, this paper also considers a two-stage least squared instrumental variables approach. The data is provided by Eurostat and “Union Internationale des Chemins de fer” (UIC), covering 264 regions across 20 years (2000-2019). The paper finds that the presence of HSR service and number of HSR lines in a region do not have a statistically significant impact on tourist’s arrivals and average stays, suggesting HSR has failed to promote tourism in the affected regions.
Note: Treballs Finals del Màster d'Economia, Facultat d'Economia i Empresa, Universitat de Barcelona, Curs: 2020-2021, Tutor: Daniel Albalate
Appears in Collections:Màster Oficial - Economia

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