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Green Growth Effects of High-Speed Rail in China: The Role of Industrial Transformation

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  • Yantuan Yu
  • Lulu Han
  • Jie Wu
  • Weidong Zhao
  • Yun Zhang

Abstract

This paper presents the first empirical attempt to examine the impacts of high-speed rail (HSR) and industrial transformation on China’s ecological efficiency (EE), using a data set of 251 cities during 2003–2016. Results show that instituting HSR is beneficial to green growth; a one-point increase in HSR leads to approximately 2% growth in EE. The potential mechanism test indicates that HSR significantly improved EE through industrial transformation, and did so economically. We also found that HSR strengthened impacts of static and dynamic industrial transformation on EE. However, the productivity growth effect of HSR was not statistically significant.

Suggested Citation

  • Yantuan Yu & Lulu Han & Jie Wu & Weidong Zhao & Yun Zhang, 2022. "Green Growth Effects of High-Speed Rail in China: The Role of Industrial Transformation," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 58(3), pages 668-680, February.
    • Handle: RePEc:mes:emfitr:v:58:y:2022:i:3:p:668-680
    DOI: 10.1080/1540496X.2020.1833856
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    Cited by:

    1. Lan, Xiujuan & Hu, Zheneng & Wen, Chuanhao, 2023. "Does the opening of high-speed rail enhance urban entrepreneurial activity? Evidence from China," Socio-Economic Planning Sciences, Elsevier, vol. 88(C).
    2. Mao, Xia & Chen, Xiao, 2023. "Does airport construction narrow regional economic disparities in China?," Journal of Air Transport Management, Elsevier, vol. 108(C).
    3. Xiao Wang & Jiaojiao Li & Jingming Shi & Jia Li & Jianxu Liu & Songsak Sriboonchitta, 2023. "Does China–Europe Railway Express Improve Green Total Factor Productivity in China?," Sustainability, MDPI, vol. 15(10), pages 1-18, May.

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