Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
The Impact of High-Speed Rail Opening on City Economics along the Silk Road Economic Belt
Achieving transport connectivity is a priority in China’s “Belt and Road Initiative”. In order to further understand the impact of railway infrastructure on city-level economic expansion, we set cities with high-speed rail as the treatment group and those without high-speed rail as the control group, and a difference-in-differences (DID) technique was used to estimate the growth impact and heterogeneity of high-speed rail opening on the economic growth of cities along the New Silk Road Economic Belt. The main results are as follows: First, economic growth in cities with operational high-speed rail lines was significantly higher than those without high-speed rail. Second, the impact of high-speed rail on economic growth exhibited distinct heterogeneity. Large cities tend to have a stronger siphoning effect, resulting in more pronounced impact of high-speed rail opening on urban economic growth. Third, cities with higher marketization levels and higher government efficiency were shown to have stronger economic growth effect.
The Impact of High-Speed Rail Opening on City Economics along the Silk Road Economic Belt
Achieving transport connectivity is a priority in China’s “Belt and Road Initiative”. In order to further understand the impact of railway infrastructure on city-level economic expansion, we set cities with high-speed rail as the treatment group and those without high-speed rail as the control group, and a difference-in-differences (DID) technique was used to estimate the growth impact and heterogeneity of high-speed rail opening on the economic growth of cities along the New Silk Road Economic Belt. The main results are as follows: First, economic growth in cities with operational high-speed rail lines was significantly higher than those without high-speed rail. Second, the impact of high-speed rail on economic growth exhibited distinct heterogeneity. Large cities tend to have a stronger siphoning effect, resulting in more pronounced impact of high-speed rail opening on urban economic growth. Third, cities with higher marketization levels and higher government efficiency were shown to have stronger economic growth effect.
The Impact of High-Speed Rail Opening on City Economics along the Silk Road Economic Belt
Feng Li (Autor:in) / Yang Su (Autor:in) / Jiaping Xie (Autor:in) / Weijun Zhu (Autor:in) / Yahua Wang (Autor:in)
2020
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
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