Research on the impact of China’s urban rail transit on economic growth: Based on PSM-DID model

By the end of 2020, 45 cities in the Chinese mainland operated 244 urban rail transit lines with a total length of 7,969.7 km, Urban rail transit in Chinese cities witnessed a steady growth both in operating scale and passenger traffic in 10 years. Recent studies have explored the environmental and...

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Main Authors: Guo Xing-lei, Zhang Qian, Yin Zhen-lei, Li Zhong-hui, Shao Chang-zheng
Format: Article
Language:English
Published: Frontiers Media S.A. 2023-01-01
Series:Frontiers in Environmental Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenvs.2023.1082567/full
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author Guo Xing-lei
Zhang Qian
Yin Zhen-lei
Li Zhong-hui
Shao Chang-zheng
author_facet Guo Xing-lei
Zhang Qian
Yin Zhen-lei
Li Zhong-hui
Shao Chang-zheng
author_sort Guo Xing-lei
collection DOAJ
description By the end of 2020, 45 cities in the Chinese mainland operated 244 urban rail transit lines with a total length of 7,969.7 km, Urban rail transit in Chinese cities witnessed a steady growth both in operating scale and passenger traffic in 10 years. Recent studies have explored the environmental and social effects of urban rail transit; however lack in-depth discussion on economic growth. As a quasi-natural experiment, this paper empirically tests the effect of the opening of urban rail transit on urban economic growth based on the panel data of 286 prefecture-level cities in China from 2008 to 2020 and PSM-DID Model. Analysis results show that, rail transit drives urban economic growth. This effect has scale heterogeneity and regional heterogeneity. The findings of this study can provide a valuable reference for the government when it plans the layout of urban rail transit for construction.
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spelling doaj.art-45dca34178c84b1e858c5778df88bc692023-01-17T04:55:10ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2023-01-011110.3389/fenvs.2023.10825671082567Research on the impact of China’s urban rail transit on economic growth: Based on PSM-DID modelGuo Xing-lei0Zhang Qian1Yin Zhen-lei2Li Zhong-hui3Shao Chang-zheng4Business School,University of Jinan,Jinan,Shandong,ChinaBusiness School,University of Jinan,Jinan,Shandong,ChinaJinan Rail Transit Group Co., Ltd., Jinan, Shandong, ChinaJinan Rail Transit Group Co., Ltd., Jinan, Shandong, ChinaJinan Rail Transit Group Co., Ltd., Jinan, Shandong, ChinaBy the end of 2020, 45 cities in the Chinese mainland operated 244 urban rail transit lines with a total length of 7,969.7 km, Urban rail transit in Chinese cities witnessed a steady growth both in operating scale and passenger traffic in 10 years. Recent studies have explored the environmental and social effects of urban rail transit; however lack in-depth discussion on economic growth. As a quasi-natural experiment, this paper empirically tests the effect of the opening of urban rail transit on urban economic growth based on the panel data of 286 prefecture-level cities in China from 2008 to 2020 and PSM-DID Model. Analysis results show that, rail transit drives urban economic growth. This effect has scale heterogeneity and regional heterogeneity. The findings of this study can provide a valuable reference for the government when it plans the layout of urban rail transit for construction.https://www.frontiersin.org/articles/10.3389/fenvs.2023.1082567/fulleconomic growthurban rail transitPSM-DIDpolicy evaluationheterogeneity analysis
spellingShingle Guo Xing-lei
Zhang Qian
Yin Zhen-lei
Li Zhong-hui
Shao Chang-zheng
Research on the impact of China’s urban rail transit on economic growth: Based on PSM-DID model
Frontiers in Environmental Science
economic growth
urban rail transit
PSM-DID
policy evaluation
heterogeneity analysis
title Research on the impact of China’s urban rail transit on economic growth: Based on PSM-DID model
title_full Research on the impact of China’s urban rail transit on economic growth: Based on PSM-DID model
title_fullStr Research on the impact of China’s urban rail transit on economic growth: Based on PSM-DID model
title_full_unstemmed Research on the impact of China’s urban rail transit on economic growth: Based on PSM-DID model
title_short Research on the impact of China’s urban rail transit on economic growth: Based on PSM-DID model
title_sort research on the impact of china s urban rail transit on economic growth based on psm did model
topic economic growth
urban rail transit
PSM-DID
policy evaluation
heterogeneity analysis
url https://www.frontiersin.org/articles/10.3389/fenvs.2023.1082567/full
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AT lizhonghui researchontheimpactofchinasurbanrailtransitoneconomicgrowthbasedonpsmdidmodel
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