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The Impact of the Opening of High-Speed Rail on Innovation

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  • INOUE Hiroyasu
  • NAKAJIMA Kentaro
  • SAITO Yukiko

Abstract

This paper investigates how the reduction of the travel costs through improvement in transportation infrastructure lead to knowledge diffusion. Using the case of the opening of the Nagano-Hokuriku shinkansen, and applying the difference-in-differences approach, we estimate the impact of the high-speed rail on innovative activities along the line. We find that after the opening of the high-speed rail, innovative activities by establishments along the line significantly increased. Furthermore, collaborative patents across establishments along the line and citations of patents published by the establishments in Tokyo increased. These imply that the innovative activities along the line are increased through knowledge diffusion from nearby establishments and those in Tokyo.

Suggested Citation

  • INOUE Hiroyasu & NAKAJIMA Kentaro & SAITO Yukiko, 2017. "The Impact of the Opening of High-Speed Rail on Innovation," Discussion papers 17034, Research Institute of Economy, Trade and Industry (RIETI).
    • Handle: RePEc:eti:dpaper:17034
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    References listed on IDEAS

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    Cited by:

    1. Fan, Xiaomin & Xu, Yingzhi, 2023. "Does high-speed railway promote urban innovation? Evidence from China," Socio-Economic Planning Sciences, Elsevier, vol. 86(C).
    2. Gao, Yanyan & Zheng, Jianghuai, 2020. "The impact of high-speed rail on innovation: An empirical test of the companion innovation hypothesis of transportation improvement with China’s manufacturing firms," World Development, Elsevier, vol. 127(C).
    3. HOSONO Kaoru & MIYAKAWA Daisuke & ONO Arito & UCHIDA Hirofumi & UESUGI Iichiro, 2019. "Damage to the Transportation Infrastructure and Disruption of Inter-firm Transactional Relationships," Discussion papers 19043, Research Institute of Economy, Trade and Industry (RIETI).
    4. Bhatt, Ayushman & Kato, Hironori, 2021. "High-speed rails and knowledge productivity: A global perspective," Transport Policy, Elsevier, vol. 101(C), pages 174-186.
    5. Bottasso, Anna & Conti, Maurizio & Ferrara, Antonella Rita & Robbiano, Simone, 2023. "High-Speed Railways and Firms Total Factor Productivity: Evidence from a Quasi-Natural Experiment," IZA Discussion Papers 16572, Institute of Labor Economics (IZA).
    6. Na Li & Haiyan Lu & Yongxin Lv, 2022. "High-Speed Railway Facilities, Intercity Accessibility and Urban Innovation Level—Evidence from Cities in Three Chinese Megacity Regions," Land, MDPI, vol. 11(8), pages 1-16, July.
    7. Miwa, Norihiro & Bhatt, Ayushman & Morikawa, So & Kato, Hironori, 2022. "High-Speed rail and the knowledge economy: Evidence from Japan," Transportation Research Part A: Policy and Practice, Elsevier, vol. 159(C), pages 398-416.

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