{"title":"高速铁路对分配的影响：来自中国的证据","authors":"Xiaolu Li , Yang Tang","doi":"10.1016/j.econmod.2023.106640","DOIUrl":null,"url":null,"abstract":"<div><p><span>This paper develops a spatial general equilibrium framework to study the distributional impacts of high-speed rail (HSR) construction. HSR does not directly lower the trade costs but lowers the travel costs among cities. This encourages firms to gain larger market share in the destination city, and export to more distant markets. We estimate the matrix of travel costs among 279 prefectural-level Chinese cities by taking into account the real world geography. The model is calibrated to the Chinese economy to match stylized facts since 2005. We show that the improvements of passenger networks lead to higher inter-regional trade and increase the total real income by 3:07 percent. The cities unconnected to HSR are also found to enjoy income gain from the HSR construction. HSR construction directs more people to work in the inland region. Both </span>labor mobility<span> and international trade serve to amplify the income growth from HSR construction.</span></p></div>","PeriodicalId":48419,"journal":{"name":"Economic Modelling","volume":"132 ","pages":"Article 106640"},"PeriodicalIF":4.2000,"publicationDate":"2024-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The distributional impacts of high speed rail: Evidence from China\",\"authors\":\"Xiaolu Li , Yang Tang\",\"doi\":\"10.1016/j.econmod.2023.106640\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p><span>This paper develops a spatial general equilibrium framework to study the distributional impacts of high-speed rail (HSR) construction. HSR does not directly lower the trade costs but lowers the travel costs among cities. This encourages firms to gain larger market share in the destination city, and export to more distant markets. We estimate the matrix of travel costs among 279 prefectural-level Chinese cities by taking into account the real world geography. The model is calibrated to the Chinese economy to match stylized facts since 2005. We show that the improvements of passenger networks lead to higher inter-regional trade and increase the total real income by 3:07 percent. The cities unconnected to HSR are also found to enjoy income gain from the HSR construction. HSR construction directs more people to work in the inland region. Both </span>labor mobility<span> and international trade serve to amplify the income growth from HSR construction.</span></p></div>\",\"PeriodicalId\":48419,\"journal\":{\"name\":\"Economic Modelling\",\"volume\":\"132 \",\"pages\":\"Article 106640\"},\"PeriodicalIF\":4.2000,\"publicationDate\":\"2024-01-08\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economic Modelling\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0264999323004522\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Modelling","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0264999323004522","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
The distributional impacts of high speed rail: Evidence from China
This paper develops a spatial general equilibrium framework to study the distributional impacts of high-speed rail (HSR) construction. HSR does not directly lower the trade costs but lowers the travel costs among cities. This encourages firms to gain larger market share in the destination city, and export to more distant markets. We estimate the matrix of travel costs among 279 prefectural-level Chinese cities by taking into account the real world geography. The model is calibrated to the Chinese economy to match stylized facts since 2005. We show that the improvements of passenger networks lead to higher inter-regional trade and increase the total real income by 3:07 percent. The cities unconnected to HSR are also found to enjoy income gain from the HSR construction. HSR construction directs more people to work in the inland region. Both labor mobility and international trade serve to amplify the income growth from HSR construction.
期刊介绍：
Economic Modelling fills a major gap in the economics literature, providing a single source of both theoretical and applied papers on economic modelling. The journal prime objective is to provide an international review of the state-of-the-art in economic modelling. Economic Modelling publishes the complete versions of many large-scale models of industrially advanced economies which have been developed for policy analysis. Examples are the Bank of England Model and the US Federal Reserve Board Model which had hitherto been unpublished. As individual models are revised and updated, the journal publishes subsequent papers dealing with these revisions, so keeping its readers as up to date as possible.
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