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High-speed Railway and City Industrial Upgrading in China: A Quasi-experimental Study

Author

Listed:
  • Yibo Qiao

    (Nanjing University)

  • Andrea Ascani

    (Gran Sasso Science Institute)

Abstract

This paper investigates the effect of High-speed Railway (HSR) on city industrial upgrading. Using the Annual Survey of Industrial Firms (1998-2015) and HSR opening information in China, we conduct a difference-in-differences-in-differences (DDD) analysis on 300 prefecture- and higher-level cities and 389 4-digit manufacturing industries. We find that HSR enables cities to enter more complex industries, and this result is robust under parallel trend test, placebo test, instrumental variable estimation, and other specifications. We contribute to Evolutionary Economic Geography by considering HSR as a regional external linkage and by integrating the causal analysis in the study of regional diversification.

Suggested Citation

  • Yibo Qiao & Andrea Ascani, 2024. "High-speed Railway and City Industrial Upgrading in China: A Quasi-experimental Study," Discussion Paper series in Regional Science & Economic Geography 2024-14, Gran Sasso Science Institute, Social Sciences, revised Dec 2024.
    • Handle: RePEc:ahy:wpaper:wp58
    as

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    More about this item

    Keywords

    High-speed railway; industrial upgrading; complexity; regional diversification; China;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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