Study on the Economic Impact of the Opening of High-speed Rail on First-Tier Cities Based on Fixed Effect Model and Stata15.0 Model Processing Software

DOI

10.2991/978-94-6463-042-8_149How to use a DOI?

Keywords

opening of high-speed railway; economic development Panel data; Fixed effect model; Stata15.0 model processing software

Abstract

High-speed rail plays an important role in promoting the flow of economic factors and promoting urban economic development. Taking the Beijing Guangzhou railway, which runs the longest in the world and connects five first-tier cities, as an example, this paper studies the economic impact of the opening of high-speed railway on first-tier cities. In this paper, the fixed effect model of panel data and Stata15.0 model processing software are used for data processing and analysis. Through the national and urban statistical yearbook, the data of economic development, labor force, industrial structure, and government intervention degree of five first tier cities along the Beijing Guangzhou high-speed railway from 2008 to 2017 are collected and sorted. The panel data are processed through Stata15.0 model processing software. Through the analysis of the results, the hypothesis of random effect model is rejected, the fixed effect model is used to study the economic impact of the opening of high-speed rail on first-tier cities. Through the above data processing, it is concluded that the opening of Beijing Guangzhou high-speed railway improves the accessibility between first-tier cities, improves the quality of economic development, has no significant impact on the labor process of first-tier cities, and has a positive and significant impact on the economic development of first-tier cities. Put forward relevant suggestions according to the research conclusions to promote China's overall economic development.

Copyright

© 2023 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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TY  - CONF
AU  - Qing Wang
PY  - 2022
DA  - 2022/12/29
TI  - Study on the Economic Impact of the Opening of High-speed Rail on First-Tier Cities Based on Fixed Effect Model and Stata15.0 Model Processing Software
BT  - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
PB  - Atlantis Press
SP  - 1045
EP  - 1050
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-042-8_149
DO  - 10.2991/978-94-6463-042-8_149
ID  - Wang2022
ER  -