Does the China Railway Express Promote Equitable Regional Development?Evidence from Manufacturing Relocation  

作　　者：An Pan Wenna Zhang Yige Du Xunpeng Shi 

机构地区：[1]School of Economics,Zhongnan University of Economics and Law,China [2]Institute for International Studies,Wuhan University,China [3]Financial Stability Department,The People's Bank of China Meishan City Branch,China [4]Australia-China Relations Institute,University of Technology Sydney,Australia

出　　处：《China & World Economy》2024年第6期128-159,共32页中国与世界经济（英文版）

基　　金：support from the National Social Science Fund of China (No.22BGJ049);the National Natural Science Foundation of China (No.72174056).

摘　　要：The China Railway Express(CRE)has improved regional economic integration with external markets and has reshaped regional development by encouraging the relocation of manufacturing activities("manufacturing transfer").We analyzed data from 284 prefecture-level cities in China to evaluate the impact of the CRE on regional manufacturing relocation,using a staggered difference-in-diferences model with entropy balancing.We found that the launch of the CRE significantly stimulated the relocation of manufacturing industries to node cities-key hubs for transportation and logistics within the CRE network-especially in the central,western,and northeastern regions.Specifically,the CRE significantly increased manufacturing dynamism,firm profitability,openness,and foreign investment in node cities,which attracted more manufacturing industries to relocate in this area.Higher levels of infrastructure development moderated the CRE's effect.Further analysis showed that significant moderating effects of infrastructure development occurred only in the western region.Overall,our conclusions provide useful insights into how to promote equitable regional development through manufacturing development in China.

关 键 词：China Railway Express equitable regional development infrastructure construction manufacturing transfer 

分 类 号：F532[经济管理—产业经济]