The Impacts of High-Speed Railway on Urban GDP and Its Agglomeration: Evidence from China
Mingyuan Li,
Fengxiang Guo,
Qingqiao Geng
et al.
Abstract:This study develops difference-in-differences (DID) models to examine the direct and indirect effects of high-speed railway (HSR) operation on the urban gross domestic product (GDP) and its agglomeration. The period from 2010 to 2019 is selected as the study period, and 30 HSR-operating cities across the Chinese mainland are chosen as the study sites to be investigated. Individual fixed effects and time fixed effects are introduced to panel data models to account for the heterogeneities between cities and the … Show more
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