Effect of high-speed rail on entrepreneurial activities: Evidence from China

IF 6.2 2区 经济学 Q1 ECONOMICS Socio-economic Planning Sciences Pub Date : 2023-06-01 DOI:10.1016/j.seps.2023.101538
Mengsha Liu , Yan Jiang , Xiaokun Wei , Qingsong Ruan , Dayong Lv
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引用次数: 2

Abstract

Utilizing the launching of the high-speed railway network (HSR) in China as a quasi-natural shock, this paper examines the impact of the HSR connection on entrepreneurial activities in peripheral cities. We find that peripheral cities experience a reduction in the number of newly-registered firms after being connected to the HSR network, suggesting that the HSR network is disruptive to entrepreneurial activities in peripheral cities. In addition, the decrease in entrepreneurial activities can be explained by outflows in capital and high-skilled labor caused by HSR. Moreover, the adverse effect of HSR network is more pronounced for service sectors, peripheral cities closer to central cities, and peripheral cities in eastern or middle regions. Our work complements related studies on the consequences of the HSR network and has important implications for spurring entrepreneurial activities and economic growth.

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高铁对创业活动的影响:来自中国的证据
本文以中国高铁网络的启动为准自然冲击,考察了高铁连接对周边城市创业活动的影响。我们发现,外围城市在与高铁网络连接后,新注册的企业数量有所减少,这表明高铁网络对外围城市的创业活动具有破坏性。此外,创业活动的减少可以用高铁导致的资本和高技能劳动力外流来解释。此外,高铁网络对服务业、靠近中心城市的外围城市以及东部或中部地区的外围城市的不利影响更为明显。我们的工作是对高铁网络影响的相关研究的补充,对刺激创业活动和经济增长具有重要意义。
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来源期刊
Socio-economic Planning Sciences
Socio-economic Planning Sciences OPERATIONS RESEARCH & MANAGEMENT SCIENCE-
CiteScore
9.40
自引率
13.10%
发文量
294
审稿时长
58 days
期刊介绍: Studies directed toward the more effective utilization of existing resources, e.g. mathematical programming models of health care delivery systems with relevance to more effective program design; systems analysis of fire outbreaks and its relevance to the location of fire stations; statistical analysis of the efficiency of a developing country economy or industry. Studies relating to the interaction of various segments of society and technology, e.g. the effects of government health policies on the utilization and design of hospital facilities; the relationship between housing density and the demands on public transportation or other service facilities: patterns and implications of urban development and air or water pollution. Studies devoted to the anticipations of and response to future needs for social, health and other human services, e.g. the relationship between industrial growth and the development of educational resources in affected areas; investigation of future demands for material and child health resources in a developing country; design of effective recycling in an urban setting.
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