Abstract This study examined the impact of high-speed rail (HSR) on the spatial patterns of the new firm births in China. Through a set of difference-in-differences regressions, we found that agglomeration economies and HSR access each play an important role in determining the spatial pattern of the birth of new firms. Overall, the number of new firms declined significantly in counties with HSR access. However, the average effect masks significant heterogeneity with respect to industry type and geographic location. More firms in the service sector cluster in urban districts due to HSR, while firms in the primary and manufacturing sectors move out to locations without HSR access. Among four Chinese regions, central China attracts the most firms, while the underdeveloped western and northeastern regions are less successful. These results suggest that the development of an HSR network increases regional inequality. We show that people find districts with HSR attractive, which boosts the demand within the service sector. However, population concentration can raise land cost, as the primary and manufacturing sectors are crowded out to other, less expensive locations. This study demonstrates that a grasp of firm movement patterns is critical to understanding how HSR reshapes the spatial distribution of economic activities.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    High-speed rail and the spatial pattern of new firm births: Evidence from China


    Beteiligte:
    Chang, Zheng (Autor:in) / Zheng, Longfei (Autor:in)


    Erscheinungsdatum :

    2021-11-24


    Format / Umfang :

    14 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch




    High-speed rail, firm agglomeration, and PM2.5: Evidence from China

    Chang, Zheng / Deng, Chenghao / Long, Fenjie et al. | Elsevier | 2021


    Does High-Speed Rail Promote Enterprises Productivity? Evidence from China

    Xuehui Yang / Shanlang Lin / Jiaping Zhang et al. | DOAJ | 2019

    Freier Zugriff

    Spatial distribution of job opportunities in China: Evidence from the opening of the high-speed rail

    Shi, Wenming / Lin, Kun-Chin / McLaughlin, Heather et al. | Elsevier | 2020