High-Speed Railway Opening, Industrial Symbiotic Agglomeration and Green Sustainable Development—Empirical Evidence from China
Haonan Chen,
Tianqi Zhu () and
Lijuan Zhao
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Haonan Chen: School of Economics, Capital University of Economics and Business, Fengtai District, Beijing 100070, China
Tianqi Zhu: College of Finance, Inner Mongolia University of Finance and Economics, Hohhot 010070, China
Lijuan Zhao: School of Management, Tianjin University of Technology, Tianjin 300384, China
Sustainability, 2024, vol. 16, issue 5, 1-20
Abstract:
In recent years, China’s transportation infrastructure has undergone significant changes. High-speed rail, as a new and favored mode of transportation, offers travelers convenience, efficiency, and punctuality, replacing many high-pollution transportation methods. Based on the characteristics of high-speed rail, this paper selects data from 30 provinces spanning from 1999 to 2019. It utilizes the double-difference method to evaluate the impact of high-speed rail opening on economic sustainability. It has been found that the introduction of high-speed rail contributes to economic sustainability during the examination period. The mechanism test also reveals that the opening of high-speed rail promotes green and sustainable development through the industrial agglomeration effect. In addition, the opening of high-speed rail (HSR) has a significant time lag effect and a spatial spillover effect on green sustainable development. The conclusion complements the theoretical framework regarding the impact of high-speed rail on the environment and regional economic sustainability. It also provides guidance for the efficient utilization of high-speed rail, which holds both theoretical and practical importance.
Keywords: high-speed rail; sustainable; economic growth; industrial symbiotic agglomeration; double-difference method; spatial spillover effect (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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