The construction of high-speed railway and urban innovation capacity: Based on the perspective of knowledge Spillover
Jiating Wang and
China Economic Review, 2020, vol. 63, issue C
This paper investigates how transportation infrastructure projects facilitate research collaboration across cities and promote innovation. Exploiting the construction of high-speed rail (HSR) network as a plausibly exogenous shock, we find that innovation in less-developed cities significantly and quantitatively improves after the cities are connected to more developed cities through the HSR network. Of all mechanisms considered, incremental research collaboration can explain 2% to 12% of the innovation improvement. The empirical results imply that even under the “promotion tournament model “ of spatial competition structure, cities can still mutually benefit through research collaboration.
Keywords: Transportation infrastructure; Research collaboration; Innovation (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:63:y:2020:i:c:s1043951x2030136x
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