On the joint impact of high-speed rail and megalopolis policy on regional economic growth in China

Transport enables trade between people, which is essential for the development of civilizations. Transport is a crucial necessity for specialization, allowing production and consumption of products to occur at different locations. High-speed rail (HSR) allows the flow of people between regions, cities, countries. With rapid global development in HSR technology for passenger transportation, it plays a vital role in transportation systems. The improvement of the quality of cities with different emphasis will bring different economic development results. Therefore, exploring the impact of high-speed railways and quality of place on economic development is necessary. This paper takes the prefecture-level city with a high-speed railway opened in 2008–2013 as the research sample and takes other prefecture-level cities in the country as the control group. The study findings revealed that employment, investment in fixed assets, average wage, and higher education institute significantly affect China’s regional economic growth. Institute of higher education reflects the negative effect on the regional economic growth whereas the employment, investment in fixed assets, and average wage rate positively impact it. Based on the results, it can be concluded that China’s regional economy is significantly affected by its quality.

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High-Speed Railway and Regional Economic Growth: An Empirical Study Based on Market Potential

American Journal of Industrial and Business Management ◽

10.4236/ajibm.2018.81006 ◽

2018 ◽

Vol 08 (01) ◽

pp. 83-102

Author(s):

Qingyi Shi

Keyword(s):

Economic Growth ◽

Empirical Study ◽

High Speed ◽

Market Potential ◽

Regional Economic Growth ◽

High Speed Railway ◽

Regional Economic

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Effectiveness of high-speed railway on regional economic growth for less developed areas

Journal of Transport Geography ◽

10.1016/j.jtrangeo.2019.102621 ◽

2020 ◽

Vol 82 ◽

pp. 102621 ◽

Cited By ~ 5

Author(s):

Yutian Liang ◽

Keyang Zhou ◽

Xun Li ◽

Zhengke Zhou ◽

Wei Sun ◽

...

Keyword(s):

Economic Growth ◽

High Speed ◽

Regional Economic Growth ◽

High Speed Railway ◽

Regional Economic

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High-speed railway and regional economic growth: a case of Beijing-Shanghai high-speed railway

HOLISTICA – Journal of Business and Public Administration ◽

10.2478/hjbpa-2019-0018 ◽

2019 ◽

Vol 10 (2) ◽

pp. 95-104

Author(s):

Yonghong Chen

Keyword(s):

Economic Growth ◽

Economic Development ◽

High Speed ◽

Difference In Differences ◽

High Speed Rail ◽

High Speed Railway ◽

Regional Economic ◽

The Difference ◽

The Impact ◽

Development Course

Abstract The development course of high-speed railway indicates that it not only changes the composition of traffic modes when competing with other modes of transportation, but also plays an important role in spurring the economic growth of the cities along the line and the evolution of regional spatial structure. Taking Beijing-Shanghai high-speed railway as an example, this paper constructs the first-level panel data of the cities along the Beijing-Shanghai high-speed railway and its surrounding cities from 2007 to 2016, and uses the difference-in-differences estimation to study the impact of high-speed rail opening on economic development. The research results show that it has significantly jump-started the economy of cities along the line. The Beijing-Shanghai high-speed railway will become a crucial axis for regional economic development along the Beijing-Shanghai railway, as it has remarkably advanced the economic development of the cities along the route.

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