Effects of High-speed Rail Construction on the Evolution of Industrial Agglomeration: Evidence from Three Great Bay Areas in China

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dc.contributor.authorFang, Lei
dc.contributor.authorZhang, Xuewei
dc.contributor.authorFeng, Zihua
dc.contributor.authorCao, Ce
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2020-06-04T08:31:46Z
dc.date.available2020-06-04T08:31:46Z
dc.description.abstractHigh-speed rail is an important transportation infrastructure that can promote regional economic growth and adjust industrial layout. To explore the impact of high-speed rail construction on the industrial spatial layout of China’s Bay Area, the effects of high-speed rail construction on industrial spatial layout of the Circum-Bohai Great Bay Area, the Circum-Yangtze Estuary Great Bay Area, and the Guangdong–Hong Kong–Macao Greater Bay Area in China were analyzed by using DID (difference-in-differences) model and quantile treatment effect based on the panel data obtained from 2005 to 2016. Results demonstrate that high-speed rail construction signifi cantly affects industrial spatial layout of urban areas. Due to high-speed rail construction, manufacturing and real estate industries in the Circum-Bohai Great Bay Area expand greatly and show a signifi cant diffusion effect. This diffusion promotes agglomeration of wholesale and retail, real estate, transportation, warehousing, and post industries in small cities. High-speed rail construction exhibits an agglomeration effect on fi nancial industry in the Circum-Yangtze Estuary Great Bay Area. High- speed rail construction facilitates clustering of manufacturing, fi nancial, and transportation industries in small cities. The impact of high-speed rail construction on manufacturing, accommodation and catering, fi nancial, transportation, warehousing, and post industries in Guangdong–Hong Kong– Macao Greater Bay Area shows a diffusion effect. In sum, high-speed rail construction causes an evolution of industrial agglomeration in three great bay areas in China. The conclusion provides decision references for optimization of industrial spatial layout in great bay areas.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2020-2-002
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/154916
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjecthigh-speed railen
dc.subjectindustrial agglomerationen
dc.subjectthree Great Bay Areaen
dc.subjectDID modelen
dc.subjectquantile treatment effecten
dc.subject.classificationL92
dc.subject.classificationP25
dc.subject.classificationR41
dc.titleEffects of High-speed Rail Construction on the Evolution of Industrial Agglomeration: Evidence from Three Great Bay Areas in Chinaen
dc.typeArticleen
local.accessopen
local.citation.epage32
local.citation.spage17
local.facultyFaculty of Economics
local.filenameEM_2_2020_2
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue2
local.relation.volume23
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