Abstract
Both academia and government have shown an increasingly common interest in the relationship between the high-speed railway and socioeconomic development. This paper provides a systematic review of the recent theoretical and empirical literature on the impact of the high-speed railway on economic development. On the one hand, we summarize theoretical mechanisms that underline how high-speed rail affects economic development and review studies that explored the influence of high-speed rail on accessibility, population mobility and agglomeration, labor employment, and productivity. In particular, we focus on how high-speed rail affects the structure of the spatial economy. On the other hand, we summarize the effect of high-speed rail on industry and regional economic growth, based on which we further discuss the possible negative effects of introducing high-speed rail and provide some potential policy recommendations. At last, we suggest some promising research questions for future studies.
Translated title of the contribution | Impact of High-Speed Railway on Economic Development |
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Original language | Chinese (Traditional) |
Pages (from-to) | 891-904 |
Number of pages | 14 |
Journal | Dianzi Keji Daxue Xuebao/Journal of the University of Electronic Science and Technology of China |
Volume | 49 |
Issue number | 6 |
DOIs | |
State | Published - Nov 30 2020 |
Keywords
- Economic development
- High-speed railway
- Human mobility patterns
- Regional accessibility
- Spatial economy
ASJC Scopus subject areas
- Electrical and Electronic Engineering