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Does high-speed rail affect the agglomeration of banks in China?

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  • Dong, Yan
  • Huang, Jun
  • Wu, Ji

Abstract

This paper assesses the distributional impacts of high-speed rail (HSR) transportation on the agglomeration of banks in China. Using the data of county-level cities in China from 2000 to 2017, we find that the proliferation of HSR yields a positive impact on our indicators of banking agglomeration in large counties, while its impact in small counties is negative. Our results are consistent with a promotive effect of HSR lines to induce banking resources to be increasingly clustered toward large counties in China.

Suggested Citation

  • Dong, Yan & Huang, Jun & Wu, Ji, 2023. "Does high-speed rail affect the agglomeration of banks in China?," Emerging Markets Review, Elsevier, vol. 56(C).
    • Handle: RePEc:eee:ememar:v:56:y:2023:i:c:s1566014123000523
    DOI: 10.1016/j.ememar.2023.101047
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    References listed on IDEAS

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    More about this item

    Keywords

    Bank agglomeration; High-speed rail; China;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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