High speed rail and regional economic disparity

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Chapter 8 in High Speed Rail and China’s New Economic Geography, 2019, pp 202-235 from Edward Elgar Publishing

Abstract: Chapter 8 addresses a fundamental question related to the massive railway infrastructure development in China: What is the impact of HSR on regional economic disparity? The question was investigated using three indexes, such as the weighted coefficient of variation, the Theil index and the Gini index and further examined through the endogenous growth modeling framework and using panel data covering the period 2000–14. The authors’ findings confirm that the development of HSR has a positive impact on promoting regional economic convergence in China after controlling for other key factors, such as capital investment, globalization, marketization, education and fiscal decentralization. Specifically, the stimulus effect from improved HSR accessibility on regional economic growth is found to be most significant in such regions the Middle Reaches of the Yangtze River, the southwest and the south of China.

Keywords: Asian Studies; Economics and Finance; Geography; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2019
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