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

Nuo Jin

Regional Studies, Regional Science, 2024, vol. 11, issue 1, 22-37

Abstract: Numerous 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.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/21681376.2024.2305946 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rsrsxx:v:11:y:2024:i:1:p:22-37

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rsrs20

DOI: 10.1080/21681376.2024.2305946

Access Statistics for this article

Regional Studies, Regional Science is currently edited by Alasdair Rae

More articles in Regional Studies, Regional Science from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().