›› 2020, Vol. 32 ›› Issue (2): 90-101.

• Economic and Financial Management • Previous Articles     Next Articles

The Impact of the Beijing-Shanghai High-speed Railway on the Equity of Regional Cities

Yang Heng, Tong Qiong   

  1. School of Economics and Management Beijing Jiaotong University, Beijing 100044
  • Received:2019-03-08 Online:2020-02-29 Published:2020-03-07

Abstract:

According to the panel data of cities along the Beijing-Shanghai High-speed Railway from 2008 to 2017, this paper builds accessibility model and DID model to illustrate the impact of the Beijing-Shanghai High-speed Railway on travel opportunities and regional economy. This paper also shows the impact of the Beijing-Shanghai High-speed Railway on travel opportunities equity and regional economic equity of cities along the line. The results of the research show that the opening and acceleration of the Beijing-Shanghai High-speed Railway reduce the average travel time of the cities along the line, shorten the gap of the average travel time between the cities along the line, and promote the equity of travel opportunities between the cities along the line. However, although the Beijing-Shanghai High-speed Railway significantly promotes the GDP of cities along the line, it generates a siphonic effect. Talents move to cities with an advantage in recourses, resulting in the phenomenon of people living in one city while working in another, which increases the GDP gap between the cities along the line. Therefore, the opening of Beijing-Shanghai High-speed Railway is adverse to the regional economic equity of cities along the line.

Key words: Beijing-Shanghai High-speed Railway, regional equity, accessibility, DID