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2016 | OriginalPaper | Chapter

Chinese Railway Transportation’s Spillover Effects on Industry

Authors : Yaodong Zhou, Xinyan Ou, Jianing Liu

Published in: Proceedings of 2015 2nd International Conference on Industrial Economics System and Industrial Security Engineering

Publisher: Springer Singapore

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Abstract

This chapter applies a simultaneous equation to measure the railway spillover effects on industries by three spillover channels: labor, capital, and product. Based on samples of the Chinese railway industry and 35 industries ranging from 1995 to 2012, this chapter analyzes the railway spillover effects on extent, routine, and distribution and compares changes of the spillover effect before and after 2008. Findings show that the following: (1) Railway spillover effects depend on the technology linkage and the railway’s real transport output, produced by labor, capital, and the product channel, and it has positive external effect; (2) the spillover impact on industry’s productivity varies from industries and spillover channels; and (3) spillover effects changed after 2008 because of the operation of high-speed railway (HSR).

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Metadata
Title
Chinese Railway Transportation’s Spillover Effects on Industry
Authors
Yaodong Zhou
Xinyan Ou
Jianing Liu
Copyright Year
2016
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-287-655-3_9