Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

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The Effect of the Opening of High-Speed Railway on the Economic Growth of Heilongjiang

Authors
Jianing Gao1, Fei Qi2, *, Siyuan Qin3, Jiaqi Wang4
1School of Economics and Finance, Xian International Studies University, Xian, 710128, China
2Beijing Huijia Private School, 102213, Beijing, China
3Shanghai International High School of Banz, Shanghai, 200000, China
4China Economics and Management Academy, Central University of Finance and Economics, Beijing, 100089, China
*Corresponding author. Email: 23qifei@huijia.edu.cn
Corresponding Author
Fei Qi
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-052-7_98How to use a DOI?
Keywords
High-speed railway; The tourism industry; Economy; Difference-in-differences model
Abstract

The positive and negative effects of high-speed railway in different regions have attracted close attention and have been highly valued against the background of population and factor mobility promoted by its fast development. This paper makes use of the DID difference-in-difference model in order to analyse the economic impacts bring by the high-speed railway on different areas in Heilongjiang province as well as on agricultural, manufacturing, and service industries between 2010 and 2020. This article aims to compare and demonstrate the different effects of the application of High-speed rail in numerous regions in Heilongjiang, the text also put forward the suggestion to Heilongjiang province high-speed railway economic development. Researches show that although the application of high-speed rail brought some positive impacts to the economy, there has been a significant negative effect on the overall economic growth of cities in Heilongjiang. The main problem lies in the obvious influence of siphonic effect and spill over effect on different tiered cities.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
978-94-6463-052-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-052-7_98How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Jianing Gao
AU  - Fei Qi
AU  - Siyuan Qin
AU  - Jiaqi Wang
PY  - 2022
DA  - 2022/12/27
TI  - The Effect of the Opening of High-Speed Railway on the Economic Growth of Heilongjiang
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 860
EP  - 870
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_98
DO  - 10.2991/978-94-6463-052-7_98
ID  - Gao2022
ER  -