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High-Speed Rail Construction and Residents’ Consumption of Urban Agglomeration, China
Urban agglomeration economy brings the advantage of scale economy in big cities and benefits from the low cost of small and medium-sized towns. It is helpful for coordinated development in different scales of cities. Transportation development is an essential means to promote the cluster economy, and it is of great significance to strengthen the organic combination of transportation and urban agglomeration construction. This study selects the research objects of China’s three major urban agglomerations of the Yangtze River Delta, Beijing-Tianjin-Hebei, and Pearl River Delta. Using its urban panel data from 2006 to 2019, construct a spatial DID model to explore the impact of high-speed rail construction on residents’ consumption level in the urban agglomeration. The results are heterogeneous in different urban agglomerations. High-speed rail construction has significantly promoted the consumption level in the Beijing-Tian-Heibei area and the Pearl River Delta regions. However, the effect in the Yangtze River Delta is not significant.
High-Speed Rail Construction and Residents’ Consumption of Urban Agglomeration, China
Urban agglomeration economy brings the advantage of scale economy in big cities and benefits from the low cost of small and medium-sized towns. It is helpful for coordinated development in different scales of cities. Transportation development is an essential means to promote the cluster economy, and it is of great significance to strengthen the organic combination of transportation and urban agglomeration construction. This study selects the research objects of China’s three major urban agglomerations of the Yangtze River Delta, Beijing-Tianjin-Hebei, and Pearl River Delta. Using its urban panel data from 2006 to 2019, construct a spatial DID model to explore the impact of high-speed rail construction on residents’ consumption level in the urban agglomeration. The results are heterogeneous in different urban agglomerations. High-speed rail construction has significantly promoted the consumption level in the Beijing-Tian-Heibei area and the Pearl River Delta regions. However, the effect in the Yangtze River Delta is not significant.
High-Speed Rail Construction and Residents’ Consumption of Urban Agglomeration, China
Atlantis Highlights in intell. Systems
Qiu, Daowen (editor) / Jiao, Yusheng (editor) / Yeoh, William (editor) / Qu, Xia (author) / Li, Ran (author)
International Conference on Bigdata Blockchain and Economy Management ; 2022 ; Wuhan, China
Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022) ; Chapter: 117 ; 1168-1176
2022-12-20
9 pages
Article/Chapter (Book)
Electronic Resource
English
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