High-speed rail, economic agglomeration and urban innovation -- Analysis of Chinese evidence

By adjusting the spatial and temporal distance between small and medium-sized cities and provincial capital cities, high-speed rail has reshaped the distribution of innovation resources, and eventually significantly affected China's economy. Employing data from 284 Chinese prefecture-level citi...

Full description

Saved in:
Bibliographic Details
Published in:Journal of Chinese economic and business studies 2023-07, Vol.21 (3), p.363-386
Main Authors: Pan, Shuang, Wang, Hao-Nan, Li, Yangda, Chen, Li-Bo
Format: Article
Language:English
Subjects:
Capital cities
economic agglomeration
economic density
geographical distance
High-speed rail
Innovations
Propensity
urban innovation
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:By adjusting the spatial and temporal distance between small and medium-sized cities and provincial capital cities, high-speed rail has reshaped the distribution of innovation resources, and eventually significantly affected China's economy. Employing data from 284 Chinese prefecture-level cities for the period of 2005 to 2015, this paper uses the propensity score matching model (PSM-DID) to analyze the relationship between the high-speed rail opening and urban innovation in China. Our empirical results show that: 1) the opening of high-speed rail significantly improves the overall level of urban innovation in China, but affected by "the distance from provincial capital" which present a "∽"-type structural feature 2) the mechanism of the effect of high-speed rail on urban innovation is mainly to promote economic agglomeration; and 3) the impact of high-speed rail opening on urban innovation has gradually declined characteristics based on opening time and regional economy heterogeneity.
ISSN:1476-5284
1476-5292
DOI:10.1080/14765284.2023.2222567