Regional economic growth and the role of high-speed rail in China

Yao, Shujie; Zhang, Fan; Feng, Wang; Ou, Jinghua

doi:10.1080/00036846.2019.1581910

Cited by 66 publications

(22 citation statements)

References 26 publications

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“…Similarly, Yao et al. (2019) argued that high‐speed rail has a powerful impact on Chinese regional economic convergence, namely decreasing economic inequality. Lin (2019) further indicated that the negative effects of transport infrastructure on Chinese income inequality are partly exerted by improving employment conditions.…”

Section: Literature Reviewmentioning

confidence: 99%

The relationship between China's income inequality and transport infrastructure, economic growth, and carbon emissions

Zhang

Zhang²

2021

Growth and Change

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Since the beginning of the 21st century, accompanied by the tremendous achievements of China's economic growth is an increasingly severe income gap between the rich and the poor. Based on panel data from 2000 to 2018, this study systematically examined the relationship among transport infrastructure, economic growth, carbon emissions, and income inequality in China, using the panel vector autoregressive model estimated by the generalized method of moments. We further divided China into three regions to investigate the regional heterogeneity of these relationships. The results show a long‐run equilibrium relationship between transport infrastructure, economic growth, carbon emissions, and income inequality. Income inequality in the previous year significantly affects that in the current year positively. Whether at the national or regional level, economic growth affects income inequality negatively. For the national sample, the highway reduces income inequality, while the railway increases income inequality. For both the subsamples and the national sample, carbon emissions significantly increase income inequality and are the Granger test cause for income inequality. Furthermore, we discuss some of the possible mechanisms of these results. Our findings generate policy implications for reducing income inequality in regard to economic growth, transport infrastructure, and carbon emissions.

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Section: Literature Reviewmentioning

confidence: 99%

The relationship between China's income inequality and transport infrastructure, economic growth, and carbon emissions

Zhang

Zhang²

2021

Growth and Change

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“…As highlighted from the equation above, the HSR influences the regional economic growth of the city. This was further validated by the study of the researcher, which stated that the high-speed railway tends to influence the economic growth of the region significantly [55]. It illustrated that the high-speed railway increases the accessibility and convenience of the place and travel, influencing economic growth.…”

Section: Theoretical Modelmentioning

confidence: 75%

The Impact of High-Speed Railway on China’s Regional Economic Growth Based on the Perspective of Regional Heterogeneity of Quality of Place

Lin

Dhakal

2021

Sustainability

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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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“…In this study, we adopt the Chinese government's official definition. Although the first HSR in China can be traced back to the Qinhuangdao-Shenyang passenger railway, which opened in 2003, existing research generally views the Beijing-Tianjin intercity railway with autonomous property rights, which began operations in 2008, as evidence that the country has truly entered its HSR age (Shaw et al, 2014;Yao et al, 2019). Based on the available literature, we employ a similar disposal strategy.…”

Section: Econometric Modelmentioning

confidence: 99%

Is high-speed rail green? Evidence from a quasi-natural experiment in China

Zhang

Nie

2021

SSRN Journal

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Existing studies have investigated the environmental dividends of substituting high-speed rail for other energy-intensive vehicles from an engineering standpoint, but they have yet to explore the economic effects of high-speed rail and the associated carbon emission reduction benefits. To fill the research gap, we use panel data from 285 Chinese cities between 2004 and 2014, and employ a difference-in-difference model to empirically examine the impact of high-speed rail opening on CO2 emissions. Our results show that the opening of high-speed rail reduces local carbon emissions significantly. This finding is robust and is unaffected by outliers, control group selection, time trends, geography and expectation factors, or endogeneity. The mechanism test reveals that the structure, innovation, and FDI effects are three intermediate influence channels. Further research finds that the emission reduction benefit rises as the intensity of high-speed rail opening climbs the ladder, and high-speed rail service has a spillover effect within an 80-kilometer radius. Moreover, the carbon benefit of the Beijing-Shanghai high-speed rail line far surpasses its carbon footprint, indicating that the line is green. Based on these findings, we recommend that China should support the expansion of high-speed rail in order to reduce carbon emissions in a scientific and responsible manner.

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Regional economic growth and the role of high-speed rail in China

Cited by 66 publications

References 26 publications

The relationship between China's income inequality and transport infrastructure, economic growth, and carbon emissions

The relationship between China's income inequality and transport infrastructure, economic growth, and carbon emissions

The Impact of High-Speed Railway on China’s Regional Economic Growth Based on the Perspective of Regional Heterogeneity of Quality of Place

Is high-speed rail green? Evidence from a quasi-natural experiment in China

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