High Speed Rail and China’s New Economic Geography
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High Speed Rail and China’s New Economic Geography

Impact Assessment from the Regional Science Perspective

9781785366031 Edward Elgar Publishing
Zhenhua Chen, The Ohio State University and Kingsley E. Haynes, Schar School of Policy and Government, George Mason University, US, with Yulong Zhou, Nankai University and Zhaoxin Dai, Chinese Academy of Surveying and Mapping, China
Publication Date: 2019 ISBN: 978 1 78536 603 1 Extent: 328 pp
Presenting an analytical approach to assessing the socioeconomic impact of high speed rail in China, and using a multilevel spatial analysis approach at both the national and the regional level, this book emphasizes capturing the spatial spillover effects of rail infrastructure development on China’s economic geography in terms of land use, housing market, tourism, regional disparity, modal competition, the economy and environment.

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High Speed Rail and China’s New Economic Geography presents an analytical approach to assessing the socioeconomic impact of high speed rail in China, with an emphasis on capturing the spatial spillover effects of rail infrastructure development on China’s economic geography in terms of land use, housing market, tourism, regional disparity, modal competition, the economy and environment.

The assessment involves a multilevel spatial analysis approach at both the national and the regional level. The methods include partial equilibrium analysis characterized by a spatial econometric modeling and the state-of-the-art computable general equilibrium modeling. It provides a basis for policy decision-making and operational considerations.

Academic scholars and students who are specialized in regional economics, urban planning, public policy, and transportation will find this book useful. Practitioners and policy-makers will also find this book valuable as the empirical findings provide implications for future transportation planning and development.
Critical Acclaim
‘This timely book by Chen and Haynes provides a variety of quantitative evidences on how this new transportation innovation has reshaped China’s economic geography. This inspiring analysis effectively connects many inter-related pieces together – economic growth and disparity, land use, real estate, tourism, other transportation modes, and the environment, so that readers can gain a thorough understanding of how high speed rail has changed the whole country and beyond.’
– Siqi Zheng, Massachusetts Institute of Technology, US

‘A very welcome addition to the economic literature. This groundbreaking work to demonstrate the positive impact HSR has on reducing economic disparities between regions is particularly interesting and relevant for our work at the World Bank.’
– Martha B. Lawrence, The World Bank

‘The rapid development of China’s high speed rail network over the last 15 years is unprecedented in the history of modern transportation. This book provides by far the most comprehensive assessment of various impacts of the development, on the economy, regional economic disparity, environment, tourism, land values, housing prices, and domestic air transportation. The quantitative analyses are meticulous, and the results convincing. The book is a valuable contribution to the literature of transport economics and geography.’
– Zhi Liu, Lincoln Institute of Land Policy, US
Contributors
Contents
Contents: Foreword Preface 1. Introduction PART I LAND USE AND REAL ESTATE IMPACTS 2. Spatial Impacts of High Speed Rail on Land Value Change 3. Spatial-Temporal Impacts on Urban Growth: The Case of the Beijing-Shanghai Line 4. Housing Impact of Long-Distance High Speed Rail 5. Intercity Passenger Rail Impact on Housing PART II TOURISM AND AVIATION IMPACTS 6. High Speed Rail Impact on Tourism 7. Impacts of High Speed Rail on Domestic Air Transportation PART III ECONOMIC AND ENVIRONMENTAL IMPACTS 8. High Speed Rail and Regional Economic Disparity 9. Economic and Environmental Impacts of High Speed Rail: A National Perspective 10. Economic Impacts of High Speed Rail: A Regional Perspective 11. Conclusion Index
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