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The study introduces and applies the concept of spillover effects to high-speed rail development to formulate the economic impact on increasing the regional tax revenue. The previous study covered JR-Kyushu’s development of the Kyushu Shinkansen (Kagoshima Route) in Kyushu region, Japan.
The study introduces and applies the concept of spillover effects to high-speed rail development to formulate the economic impact on increasing the regional tax revenue. The previous study covered JR-Kyushu’s development of the Kyushu Shinkansen (Kagoshima Route) in Kyushu region, Japan.