عنوان انگلیسی مقاله:
The influence of highway on local economy: Evidence from Chinas Yangtze River Delta region
ترجمه فارسی عنوان مقاله:
تاثیر بزرگراه در اقتصاد محلی: شواهدی از منطقه دلتای رود یانگ تسه چین
Sciencedirect - Elsevier - Journal of Transport Geography, 82 (2020) 102600: doi:10:1016/j:jtrangeo:2019:102600
Xueliang Zhang, Yuqi Hu, Yongran Lin⁎
Highway network has been constructed on a massive scale in recent decades, potentially reshaping the spatial
economic pattern in China. This paper aims to investigate the influence of highway on local economic growth by
exploiting county-level data of Chinas Yangtze River Delta region from 1993 to 2013. We employ a differencein-
differences (DID) model and control several determinants of highway location to lessen the endogeneity bias
brought by non-random selection. Considering the possible impact of endogeneity, spatial dependence and
unobservable variables on estimation, we conduct propensity score matching, instrumental variable estimates,
spatial DID method and placebo tests to ensure the robustness of results. Our analysis shows that: (1) The
opening of highway significantly stimulates the county economy, with an increasing trend on the year by year
basis. (2) Highway has heterogeneous effects in terms of different locations, provinces and industries. Counties
closer to the central city, in Jiangsu province or with bigger service sector, benefit more from highway operation.
(3) Highway can generate an increase in market potential and then in local economic growth. In this process,
highway mainly promotes the economy through the way of attracting investment and facilitating consumption.
The mechanism through labor is not significant.
Keywords: Highway | Economic growth | County | Quasi-natural experiment | Difference-in-differences model | Yangtze River Delta region