Research demonstrates the effects of high-speed rail on service industry clustering in urban areas, suggesting guidance for economic development strategies.
This paper investigates the impact of high-speed rail (HSR) on urban service industry agglomeration, based on the panel data of 332 Chinese cities of 14 years (2001–14). The first contribution is investigating distinct agglomeration patterns of different service industry segments in different types of cities. The second contribution is methodological. We improve traditional difference-in-difference (DID) models by incorporating the propensity score matching (PSM) method and the spatial difference-in-difference (SDID) model. These contributions offer new insights on the relationship between HSR and service industries, informing policy makers and land use planners who aim to promote long-term economic development through HSR services.
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Yang et al. (2021) studied this question.
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