Can high-speed rail have a transformative effect on the economy?

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Roles of accessibility, connectivity and spatial interdependence in realizing the economic impact of high-speed rail: Evidence from China (2020, background): “…HSR enlarged the disparity by providing improved connectivity to core cities or large cities at the expense of smaller cities (Ure~na et al., 2009; Vickerman, 2018), and further enhancing the economy of cities or areas with higher level of economic development regardless of HSR, which is referred…”