| ID | 182721 |
| Title Proper | Transportation infrastructure and entrepreneurship |
| Other Title Information | evidence from high-speed railway in China |
| Language | ENG |
| Author | Niu, Dongxiao ; Ma, Liya ; Sun, Weizeng |
| Summary / Abstract (Note) | Using high-speed railway (HSR) construction in China as a quasi-experiment, this paper contributes to the understanding of how transportation infrastructure affects entrepreneurship. On the basis of a difference-in-difference approach, we find that access to an HSR connection leads to an increase in entrepreneurship by approximately 3.5 percentage points (35% of the mean). Mechanism exploration suggests that market potential is the main channel that HSR encourages entrepreneurial activities, which is realized by accelerated information sharing and face-to-face interactions. And the effect is bigger for high-educated families, wealthy families and in large cities. |
| `In' analytical Note | China Economic Review Vol. 65, Feb 2021: p.101577 |
| Journal Source | China Economic Review 2021-01 65, 65 |
| Key Words | China ; Entrepreneurship ; Market Potential ; High-Speed Railway |