{"title":"高铁开放、企业集聚与碳排放:来自中国的证据","authors":"Jingjun Hao , Peiting Dong , Xin Yao","doi":"10.1016/j.eneco.2025.108710","DOIUrl":null,"url":null,"abstract":"<div><div>This paper investigates whether the transportation infrastructure affects firm carbon emissions from agglomeration and firm accessibility to high-speed railway (HSR) stations perspectives. Our identification uses the opening of HSR stations in China. Our difference-in-differences estimation results show that the opening of high-speed railway (HSR) promotes firm carbon abatement. Specifically, we confirm that for one thing, the opening of high-speed railway reduces the distance constraints for factors mobility and promotes firms' innovation; for another thing, the expansion of the HSR improves resource allocation efficiency and drives the division of labor, cooperation, and agglomeration among firms. Meanwhile, we identify the moderate effect of firm accessibility to its nearest HSR stations, which positively affects the impact of the opening of HSR on firm carbon abatement. Our findings also enrich related literature and provide empirical support for policymakers.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"148 ","pages":"Article 108710"},"PeriodicalIF":13.6000,"publicationDate":"2025-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"High-speed railway opening, firm agglomeration and carbon emission: Evidence from China\",\"authors\":\"Jingjun Hao , Peiting Dong , Xin Yao\",\"doi\":\"10.1016/j.eneco.2025.108710\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This paper investigates whether the transportation infrastructure affects firm carbon emissions from agglomeration and firm accessibility to high-speed railway (HSR) stations perspectives. Our identification uses the opening of HSR stations in China. Our difference-in-differences estimation results show that the opening of high-speed railway (HSR) promotes firm carbon abatement. Specifically, we confirm that for one thing, the opening of high-speed railway reduces the distance constraints for factors mobility and promotes firms' innovation; for another thing, the expansion of the HSR improves resource allocation efficiency and drives the division of labor, cooperation, and agglomeration among firms. Meanwhile, we identify the moderate effect of firm accessibility to its nearest HSR stations, which positively affects the impact of the opening of HSR on firm carbon abatement. Our findings also enrich related literature and provide empirical support for policymakers.</div></div>\",\"PeriodicalId\":11665,\"journal\":{\"name\":\"Energy Economics\",\"volume\":\"148 \",\"pages\":\"Article 108710\"},\"PeriodicalIF\":13.6000,\"publicationDate\":\"2025-07-04\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Energy Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0140988325005377\",\"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":"Energy Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0140988325005377","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
High-speed railway opening, firm agglomeration and carbon emission: Evidence from China
This paper investigates whether the transportation infrastructure affects firm carbon emissions from agglomeration and firm accessibility to high-speed railway (HSR) stations perspectives. Our identification uses the opening of HSR stations in China. Our difference-in-differences estimation results show that the opening of high-speed railway (HSR) promotes firm carbon abatement. Specifically, we confirm that for one thing, the opening of high-speed railway reduces the distance constraints for factors mobility and promotes firms' innovation; for another thing, the expansion of the HSR improves resource allocation efficiency and drives the division of labor, cooperation, and agglomeration among firms. Meanwhile, we identify the moderate effect of firm accessibility to its nearest HSR stations, which positively affects the impact of the opening of HSR on firm carbon abatement. Our findings also enrich related literature and provide empirical support for policymakers.
期刊介绍:
Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.