The Impact of High-speed Rail Opening on the Spatial Agglomeration of High-end Service Industry
- UAN Ye, LU Jing & YU Yongze
- Nanjing University of Finance and Economics, 210023.
This paper studies the impact of high-speed rail opening on the spatial agglomeration of high-end service industry from the two dimensions of diversification and specialization. The conclusions are as follows: (1) From a national perspective, the opening of high-speed rail has a significant role in promoting diversification, but has no significant impact on specialized agglomeration, and there is a time lag in the effect of high-speed rail opening. (2) By region, the promotion of diversified agglomeration by highspeed rail is mainly manifested in the eastern region. In the central and western regions, due to the low number of high-speed rail lines and the late opening of high-speed rail, coupled with the time lag, the effect of high-speed rail opening was not significantly expressed until the end of the observation period. (3) The opening of high-speed rail will affect the spatial agglomeration of high-end service industry by improving location accessibility, reducing transaction costs and improving regional factor abundance.
JEL：R38, L23, O14
- High-speed Rail Opening, High-end Service Industry, Specialized Agglomeration, Diversified Agglomeration, Difference-in-difference