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Theoretical mechanism and empirical evidence of China’s high-speed railway construction and the agglomeration of productive service industryChinese Full Text

MA Hongmei;HAO Meizhu;School of Economics,Guizhou University;Center for the Development and Application of Marxist Economics,Guizhou University;

Abstract: Under the theoretical framework of new economic geography,this paper re-explores the impact of high-speed railway construction on the agglomeration of productive service industry and its internal mechanism from the perspective of agglomeration rent. Firstly,this paper regards the opening of China’s high-speed railway as a quasi-natural experiment,using the data of 285 prefecture level cities in 2007—2016 for empirical test. The results show that the opening of high-speed railway actively promotes the agglomeration of productive service industry. This conclusion is still true after the potential endogeneity is eliminated with the help of constructing minimum spanning tree. Secondly,traffic accessibility,market access and market integration are introduced as alternative variables of agglomeration rent. The results show that the opening of highspeed railway directly improves the urban traffic convenience,then improves the market access,promotes the development of regional integration,and finally increases the agglomeration rent to varying degrees,and promotes the agglomeration of productive service industry in cities along the high-speed railway. Finally,the opening of high-speed railway has a great boosting effect on the agglomeration of high-end productive service industry,but for the megacities and coastal cities that have already been equipped with the perfect transportation infrastructure, the agglomeration effect brought by the traffic accessibility is general. In addition,when the distance between the high-speed railway station and the city center is more than 30 kilometers,the positive impact of high-speed railway on the agglomeration of productive service industry disappears.
  • DOI:

    10.13269/j.cnki.ier.2020.01.008

  • Series:

    (J) Economics & Management; (C) Architecture/ Energy/ Traffic/ Electromechanics, etc

  • Subject:

    Railway Transportation; Economy of Traffic and Transportation; Service Economy; Trade Economy

  • Classification Code:

    F532.8;F719

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