The Impact of Opening High-Speed Railway on Guangxi’s Economic Growth—An Empirical Analysis Based on DID Model
- 1 College of Economics, Jinan University, Guangzhou, China
Abstract
This paper regards the opening of high-speed railways as a “ quasi-experiment ” , using the DID model with two-way fixed effects of economic data from various districts and counties in Guangxi from 2010 to 2016, and finds that the opening of high-speed railways in Guangxi has generally promoted high-speed railway stations. The economic growth of districts and counties, and this effect is increasing with the increase in the opening time; secondly, the high-speed rail has significantly promoted the economic growth in the western Guangxi region and the Beibu Gulf region, with strong regional heterogeneity; third ly , the high-speed rail . The impact also has industrial differences, and its promotion to the economy is mainly reflected in the secondary industry.
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