Economic impact of the opening of HSR on cities of different sizes in YRD
| Parameter | (1) | (2) | (3) |
|---|---|---|---|
| Big city | Medium-sized cities | Small cities | |
| DID | −0.0152** | 0.00157 | 0.0112 |
| (0.007) | (0.009) | (0.013) | |
| Transportation | −0.000456 | 0.00637*** | 0.00188 |
| (0.003) | (0.002) | (0.013) | |
| Labour | 1.042** | −0.613* | 0.329 |
| (0.404) | (0.348) | (0.208) | |
| Government | 0.236*** | 0.0791 | 0.296** |
| (0.076) | (0.058) | (0.114) | |
| FDI | −0.0000983 | 0.000422*** | 0.00124*** |
| (0.000) | (0.000) | (0.000) | |
| Population | 0.0806** | 0.0296 | 0.0183 |
| (0.038) | (0.033) | (0.060) | |
| _cons | 11.24*** | 10.51*** | 9.670*** |
| (0.244) | (0.204) | (0.391) | |
| Fixed Effects | YES | YES | YES |
| N | 224 | 210 | 140 |
| adj. R2 | 0.9990 | 0.9960 | 0.9884 |
| Parameter | (1) | (2) | (3) |
|---|---|---|---|
| Big city | Medium-sized cities | Small cities | |
| DID | −0.0152** | 0.00157 | 0.0112 |
| (0.007) | (0.009) | (0.013) | |
| Transportation | −0.000456 | 0.00637*** | 0.00188 |
| (0.003) | (0.002) | (0.013) | |
| Labour | 1.042** | −0.613* | 0.329 |
| (0.404) | (0.348) | (0.208) | |
| Government | 0.236*** | 0.0791 | 0.296** |
| (0.076) | (0.058) | (0.114) | |
| FDI | −0.0000983 | 0.000422*** | 0.00124*** |
| (0.000) | (0.000) | (0.000) | |
| Population | 0.0806** | 0.0296 | 0.0183 |
| (0.038) | (0.033) | (0.060) | |
| _cons | 11.24*** | 10.51*** | 9.670*** |
| (0.244) | (0.204) | (0.391) | |
| Fixed Effects | YES | YES | YES |
| 224 | 210 | 140 | |
| adj. | 0.9990 | 0.9960 | 0.9884 |
Note(s): Standard errors in parentheses *p < 0.1, **p < 0.05, ***p < 0.01
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.