Abstract

Incorporated as a highly integrated system of science and technology that has been assimilated in the field of transportation, high-speed railways not only meet the green travel needs of people but also promote the development of correlated industries. Considering the differences in each stage, primarily based on the input-output table for 149 sectors from the Chinese economy taken from the year 2017, an input-output model has been developed and applied in order to measure the economic pull of high-speed railway construction investment for various industries. Moreover, the shift-share spatial structure model has also been taken into account to quantitatively analyze the effect of the high-speed railway operation on related industries, and the three high-speed railway hub cities of Zhengzhou, Xi’an, and Wuhan in China have been taken as the specimens for the application of this model. The results show that the construction and operation of a high-speed railway has an optimization effect on the development of related industries, which provides a basis for industrial layout and structural optimization. This research provides a reference for the formulation of high-speed rail industry policy, is of great significance for the maintenance of sustainable economic development, and thus, promotes the sustainable development of transportation systems, cities and society as a whole.

Highlights

  • High-speed railways are an environmentally friendly, and sustainable mode of transportation

  • Researchers believe that the operation of a high-speed railway promotes the convergence of cities and industries [14], produces co-city effects [15], integration effects [16], and agglomeration effects [17], which further leave an important impact on the industrial structure and sustainable economic and social development of the regions along the line

  • This paper combines the changes that take place in the related industries, as well as the impact of the benefits of the development of high-speed railways. It stipulates and categorizes the impact of the development of high-speed railway related industries, from the consideration of the two main variables that are taken into account, i.e., the high-speed railway construction and operation, which helps us to understand the development status of high-speed rail and its role in the city, economy and society, and provides guidance for the government and high-speed railway related enterprises to make decisions and formulate development strategies

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Summary

Introduction

High-speed railways are an environmentally friendly, and sustainable mode of transportation. The social utility of a high-speed railway, especially during the construction phase and operation process, plays an important role in the development of the regional industrial economy [3]. The analysis of the impact of a high-speed railway can provide a reference for the adjustment of industrial structure and the formulation of industrial policies, promoting the sustainable development of transportation and the economy. Based on the theory of industrial ripple effects, we have taken into account the areas pertaining to Zhengzhou, Xi’an and Wuhan as the research objects, and used the shift-share spatial structure model, in order to empirically analyze the impact mechanism of high-speed railway operations on the related industries

Literature Review
Industry Association Theory
Input-Output Model
Quantitative Analysis
Connections and Linkages between High-Speed Railway and Related Industries
Industry Spread Effect Theory
Traditional Shift-Share Model
Model Assumption
Calculation of Spatial Weight Matrix
Case Study
Findings
Conclusions

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