Impact of high-speed rail on tourism in China.

ABSTRACT: The "time-space compression" effect of high-speed rail (HSR) has effectively improved the accessibility of the cities and has had a profound impact on tourism. This study explores the impact of HSR on tourism development in cities along HSR lines from the perspective of transfer of transport advantages, then evaluates the impact of HSR on tourism development using panel data of 286 cities in China from 2005 to 2013 by the difference-in-differences (DID) method. The empirical results show that the opening of HSR has significantly increased the tourism revenue and tourist arrivals. These results are still holds after considering endogenous HSR lines placement, and by various robustness checks. Further analysis of nodal effect shows that node cities experienced greater growth in tourism reven

SUBMITTER: Shi K 

PROVIDER: S-EPMC9731443 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature