{"title":"中国铁路快线对中国地级市FDI流入的影响","authors":"Xin Gong Ding, Kyoung-Suk Choi, Xiujun Ji","doi":"10.5325/transportationj.62.3.0331","DOIUrl":null,"url":null,"abstract":"Abstract:Operating the China Railway Express (CRE) is a primary strategy for promoting international trade and investment between China and Europe. Since the inception of the CRE in 2011, the number of operational routes and connected cities has steadily increased. This study investigates the impact of the establishment of the CRE on foreign direct investment inflows in Chinese prefecture-level cities. To perform our analysis, we used panel data of 250 cities in China from 2004 to 2018, and applied the difference in differences (DID) model as a quasi-natural experiment. The results demonstrated that the operation of the CRE had a positive and significant impact on urban FDI inflows, particularly in small and medium-sized cities, low-income cities, and inland cities in China. The robustness of the results was verified using the DIDM and PSM-DID methods.","PeriodicalId":46529,"journal":{"name":"Transportation Journal","volume":"62 1","pages":"331 - 354"},"PeriodicalIF":1.1000,"publicationDate":"2023-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Impact of the China Railway Express on FDI Inflows in Chinese Prefecture-level Cities\",\"authors\":\"Xin Gong Ding, Kyoung-Suk Choi, Xiujun Ji\",\"doi\":\"10.5325/transportationj.62.3.0331\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Abstract:Operating the China Railway Express (CRE) is a primary strategy for promoting international trade and investment between China and Europe. Since the inception of the CRE in 2011, the number of operational routes and connected cities has steadily increased. This study investigates the impact of the establishment of the CRE on foreign direct investment inflows in Chinese prefecture-level cities. To perform our analysis, we used panel data of 250 cities in China from 2004 to 2018, and applied the difference in differences (DID) model as a quasi-natural experiment. The results demonstrated that the operation of the CRE had a positive and significant impact on urban FDI inflows, particularly in small and medium-sized cities, low-income cities, and inland cities in China. The robustness of the results was verified using the DIDM and PSM-DID methods.\",\"PeriodicalId\":46529,\"journal\":{\"name\":\"Transportation Journal\",\"volume\":\"62 1\",\"pages\":\"331 - 354\"},\"PeriodicalIF\":1.1000,\"publicationDate\":\"2023-09-11\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Transportation Journal\",\"FirstCategoryId\":\"5\",\"ListUrlMain\":\"https://doi.org/10.5325/transportationj.62.3.0331\",\"RegionNum\":4,\"RegionCategory\":\"工程技术\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"MANAGEMENT\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Transportation Journal","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.5325/transportationj.62.3.0331","RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"MANAGEMENT","Score":null,"Total":0}
The Impact of the China Railway Express on FDI Inflows in Chinese Prefecture-level Cities
Abstract:Operating the China Railway Express (CRE) is a primary strategy for promoting international trade and investment between China and Europe. Since the inception of the CRE in 2011, the number of operational routes and connected cities has steadily increased. This study investigates the impact of the establishment of the CRE on foreign direct investment inflows in Chinese prefecture-level cities. To perform our analysis, we used panel data of 250 cities in China from 2004 to 2018, and applied the difference in differences (DID) model as a quasi-natural experiment. The results demonstrated that the operation of the CRE had a positive and significant impact on urban FDI inflows, particularly in small and medium-sized cities, low-income cities, and inland cities in China. The robustness of the results was verified using the DIDM and PSM-DID methods.
期刊介绍:
Transportation Journal is devoted to the publication of articles that present new knowledge relating to all sectors of the supply chain/logistics/transportation field. These sectors include supply chain/logistics management strategies and techniques; carrier (transport firm) and contract logistics firm (3PL and 4PL) management strategies and techniques; transport economics; regulation, promotion, and other dimensions of public policy toward transport and logistics; and education.