Business

How does the opening of high-speed rail drive energy restructuring? New micro evidence from China

Y. Feng, J. Zhang, et al.

This compelling research, conducted by Yanchao Feng, Juan Zhang, Renfu Luo, Yuxi Pan, and Shuhai Niu, explores how the introduction of high-speed rail in China is reshaping energy consumption within industrial sectors, significantly cutting down on fossil fuel reliance, especially coal. Discover how this transformation acts as a catalyst for technological innovation and industrial advancement.

00:00

Playback language: English

Index

Abstract

This research empirically examines the effect of high-speed rail (HSR) on energy structure restructuring in China using a quasi-natural experiment approach. Findings indicate that HSR opening reduces fuel energy consumption, particularly coal, among industrial enterprises. This effect is more pronounced in high-carbon industries, technology-intensive firms, and smaller cities. The study highlights the roles of technological innovation and industrial upgrading as transmission mechanisms.

Publisher

Humanities & Social Sciences Communications

Published On

Jan 26, 2024

Authors

Yanchao Feng, Juan Zhang, Renfu Luo, Yuxi Pan, Shuhai Niu

Related Publications

Explore these studies to deepen your understanding of the subject.

Agriculture

How does the digital transformation of agriculture affect carbon emissions? Evidence from China’s provincial panel data

Y. Chen and M. Li

Transportation

The impacts of high-speed railway on environmental sustainability: quasi-experimental evidence from China

Q. Shen, Y. Pan, et al.

Business

Does the supply of tax information affect financial restatements? Evidence from the launch of Taxation Administration Information System III in China

J. Zhang, N. Wang, et al.

Business

How does digital transformation relieve the employment pressure in China? Empirical evidence from the national smart city pilot policy

X. Ling, Z. Luo, et al.

Listen, Learn & Level Up

Over 10,000 hours of research content in 25+ fields, available in 12+ languages.

No more digging through PDFs, just hit play and absorb the world's latest research in your language, on your time.

listen to research audio papers with researchbunny