Analysing firm-level impacts of high-speed railways on reducing business costs
Evidence from China
Bibliographic Data
| ID | 7366844 |
|---|---|
| Authors | Nuo Jin (0009-0002-0218-3886, corresponding author) |
| Year | 2024 |
| Volume | 11 |
| Issue | 1 |
| Pages | 22-37 |
| Publication date | 2024-02-06 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Regional Studies Regional Science (JOURNAL) |
| Journal identifiers | ISSN: 2168-1376 • E-ISSN: 2168-1376 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/21681376.2024.2305946 |
| OpenAlex | W4391575377 |
| Language | EN |
| References cited | 44 |
Numerous studies have revealed that high-speed railways (HSRs) can efficiently reduce transportation costs for firms and therefore bring more business capacities to firms in regions with HSR services. This paper aims to adopt the difference-in-difference (DID) and PSM (propensity score matching) DID methods to examine the HSR’s causal effects on business costs. The author finds that business costs are significantly reduced due to the operation of HSR lines. Besides, private firms and firms in the secondary and tertiary sectors would experience more reductions of business costs encouraged by the HSR than state-owned and agricultural firms. The placebo test and parallel trend test have proved the feasibility of this study. Finally, this paper provides policy suggestions that the construction of HSR lines needs to be encouraged in order to promote the higher efficiency of business operations for firms and more-balanced spatial business developments in China
Business · China · Geography · Industrial organization · Aviation Industry Analysis and Trends · Fiscal Policy and Economic Growth · Transport and Economic Policies
Matching on the Estimated Propensity Score
State-owned enterprises in China
The central role of the propensity score in observational studies for causal effects
High-speed rail, inter-regional accessibility, and regional innovation
High-speed rail and urban green productivity
The effect of infrastructure on worker mobility
From periphery to core
The impacts of high-speed rail extensions on accessibility and spatial equity changes in South Korea from 2004 to 2018
High-speed rail impacts on travel times, accessibility, and economic productivity
High-speed rail and regional development
Human Capital, Economic Growth, and Regional Inequality in China
Increasing Returns and Economic Geography
Communication Costs and the Internal Organisation of Multi-Plant Businesses
Chinese Power and the State-Owned Enterprise
| Citation velocity | historical |
|---|---|
| Highly cited | No |