Abstract
Based on data of 286 Chinese cities from 2006 to 2015, the paper applies Difference-in-Difference (DID) model to investigate whether and how High-Speed Railway (HSR) influences the tourist arrivals. Empirical results suggest that 1) although HSR opening can significantly promote tourist arrivals, the multi-stage DID model indicates a time-lag effect of HSR on tourism. 2) The positive effects of HSR opening on tourist arrivals increase gradually. 3) Improving HSR frequency helps cities to attract more tourists. 4) The location of HSR station has no significant impact on tourist arrivals. 5) Compared with the ordinary station, the hub station of HSR in the city can attract more tourist arrivals through an enhanced network effect.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
