High‐speed railroads and economic geography: Evidence from Japan

Li, Zhigang; Xu, Hangtian

doi:10.1111/jors.12384

“…Since then, New Economic Geography (NEG) has developed rapidly (Brakman & Garretsen, 2009; Combes et al., 2008; Fujita & Krugman, 2004; Fujita et al., 1999). NEG shows that density, distance, and market segmentation are three characteristics of geographical changes in economic development, where distance is exogenous (Anderson, 2012; Li & Xu, 2018). NEG has been subject to criticism that mainly focuses on two aspects.…”

Section: Introductionmentioning

confidence: 99%

Spatiotemporal context and firm performance: The mediating effect of strategic interaction

Gu

¹

2020

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Traditional studies of firm performance typically focus on the effect of market structure and rarely consider the impact of the spatiotemporal context in industrial competition. Using a sample of 1,555 listed companies from 2015 to 2018 in China, this study shows that the profit center of gravity tends to move from southeast to northwest, and that there are negative effects on firm performance with distance from the profit center of gravity. Moreover, when controlling for organizational variables, strategic interaction at the local level significantly mediates the relationship between spatiotemporal context at the global level and firm performance at the microlevel. This investigation provides preliminary support for strategic interaction as a significant mediator between spatiotemporal context and firm performance, and further highlights the relevance of spatiotemporal context and strategic interaction in determining firm performance. The results of this study contribute to our understanding of the dynamic mechanism of spatiotemporal context affecting firm performance and the role of strategic interaction at the local level in this relationship, which can improve the existing insights into new economic geography.

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“…Olympic Games can cause further polarization between core and periphery (Krugman, 1991). The recent empirical literature on the effects of modern high-speed transportation infrastructure seems to support this hypothesis for countries such as China (Faber, 2014;Qin, 2017;Baum-Snow et al, 2018;Yu et al, 2019, among others), France (Charnoz et al, 2018) and Japan (Li and Xu, 2018).…”

Section: Collapsed Time Series Informationmentioning

confidence: 97%

The causal economic effects of Olympic Games on host regions

Firgo

¹

2021

Regional Science and Urban Economics

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This paper studies the effects of hosting Olympic Games on the regional economy in the short-and long-run. For identification, runners-up in the Olympic bidding process are used to construct the counterfactual for Olympic host regions. In the short-run, hosting Summer Olympics boosts regional GDP per capita by about 3 to 4 percentage points relative to the national level in the year of the event and the year before. There is also evidence for positive long-run effects, but results on the latter are not statistically robust. In contrast, Winter Olympics do not have a positive impact on host regions. If anything, they lead to a temporal decline in regional GDP per capita in the years around the event.

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“…Olympic Games can cause further polarization between core and periphery (Krugman, 1991). The recent empirical literature on the effects of modern high-speed transportation infrastructure seems to support this hypothesis for countries such as China (Faber, 2014;Qin, 2017;Baum-Snow et al, 2018;Yu et al, 2019, among others), France (Charnoz et al, 2018) and Japan (Li and Xu, 2018).…”

Section: Collapsed Time Series Informationmentioning

confidence: 97%

The Causal Economic Effects of Olympic Games on Host Regions

Firgo

¹

2019

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This paper studies the effects of hosting Olympic Games on the regional economy in the short-and long-run. For identification, runners-up in the Olympic bidding process are used to construct the counterfactual for Olympic host regions. In the short-run, hosting Summer Olympics boosts regional GDP per capita by about 3 to 4 percentage points relative to the national level in the year of the event and the year before. There is also evidence for positive long-run effects, but results on the latter are not statistically robust. In contrast, Winter Olympics do not have a positive impact on host regions. If anything, they lead to a temporal decline in regional GDP per capita in the years around the event.

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High‐speed railroads and economic geography: Evidence from Japan

Cited by 65 publications

References 25 publications

Spatiotemporal context and firm performance: The mediating effect of strategic interaction

Spatiotemporal context and firm performance: The mediating effect of strategic interaction

The causal economic effects of Olympic Games on host regions

The Causal Economic Effects of Olympic Games on Host Regions

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