Pan, S., Wang, H.-N., Li, Y. and Chen, L.-B. (2023) High-speed rail, economic agglomeration and urban innovation —— analysis of Chinese evidence. Journal of Chinese Economic and Business Studies, 21(3), pp. 363-386. (doi: 10.1080/14765284.2023.2222567)
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Abstract
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.
| Item Type: | Articles |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s) Enlighten ID: | Li, Mr Yangda |
| Authors: | Pan, S., Wang, H.-N., Li, Y., and Chen, L.-B. |
| College/School: | College of Social Sciences > Adam Smith Business School > Management |
| Journal Name: | Journal of Chinese Economic and Business Studies |
| Publisher: | Taylor & Francis |
| ISSN: | 1476-5284 |
| ISSN (Online): | 1476-5292 |
| Published Online: | 20 June 2023 |
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