Impact of Urbanization through High-Speed Rail on Regional Development with the Interaction of Socioeconomic Factors: A View of Regional Industrial Structure

Jinxing Hu, Guojie Ma (), Chaohai Shen () and Xiaolan Zhou
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Jinxing Hu: School of Business Administration, Faculty of Economics and Management, East China Normal University, Shanghai 200062, China
Guojie Ma: School of Statistics, Faculty of Economics and Management, East China Normal University, Shanghai 200062, China
Chaohai Shen: School of Business Administration, Faculty of Economics and Management, East China Normal University, Shanghai 200062, China
Xiaolan Zhou: School of Economics, Faculty of Economics and Management, East China Normal University, Shanghai 200062, China

Land, 2022, vol. 11, issue 10, 1-21

Abstract: This study is to empirically investigate the impact of urbanization through improving transportation infrastructure, reflected by introducing high-speed rail (HSR), on the regional development with the interaction of the socioeconomic factors reflected by industrial structure. An advanced quantitative tool named multi-period difference-in-differences (DID) method is applied. We find the impact of urbanization through HSR on regional development is mixed while interacting with industrial structure helps to explain heterogeneities of the impact. The more the industrial structure tends to be agricultural, the greater the negative impact of HSR opening on regional economic development; meanwhile, the more the industrial structure evolves to be service-oriented, the greater the positive impact of HSR. This study highlights the importance of the interaction between urban growth and socioeconomic factors, which would provides a reference for government and urban planners to make decisions on introducing HSR or improving transportation infrastructure.

Keywords: high-speed rail; regional development; urbanization; industrial structure; socioeconomic factor; Yangtze River Delta (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jlands:v:11:y:2022:i:10:p:1790-:d:941983

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