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Analysing firm-level impacts of high-speed railways on reducing business costs: evidence from China

التفاصيل البيبلوغرافية
العنوان: Analysing firm-level impacts of high-speed railways on reducing business costs: evidence from China
المؤلفون: Nuo Jin
المصدر: Regional Studies, Regional Science, Vol 11, Iss 1, Pp 22-37 (2024)
بيانات النشر: Taylor & Francis Group, 2024.
سنة النشر: 2024
المجموعة: LCC:Regional economics. Space in economics
LCC:Regional planning
مصطلحات موضوعية: High-speed railways, business costs, PSM-DID, China, M21, M20, Regional economics. Space in economics, HT388, Regional planning, HT390-395
الوصف: ABSTRACTNumerous 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.
نوع الوثيقة: article
وصف الملف: electronic resource
اللغة: English
تدمد: 21681376
2168-1376
Relation: https://doaj.org/toc/2168-1376
DOI: 10.1080/21681376.2024.2305946
URL الوصول: https://doaj.org/article/2d3c00ba8fec45c2b9f2bce773e3b92c
رقم الأكسشن: edsdoj.2d3c00ba8fec45c2b9f2bce773e3b92c
قاعدة البيانات: Directory of Open Access Journals
الوصف
تدمد:21681376
DOI:10.1080/21681376.2024.2305946