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The Effects Of Infrastructure Investment On Economic Development In China With Specific Focus On High Speed Railways
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Book Synopsis The Effects of Infrastructure Investment on Economic Development in China, with Specific Focus on High-Speed Railways by : Binru Wei
Download or read book The Effects of Infrastructure Investment on Economic Development in China, with Specific Focus on High-Speed Railways written by Binru Wei and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis China's High-Speed Rail Development by : Martha Lawrence
Download or read book China's High-Speed Rail Development written by Martha Lawrence and published by World Bank Publications. This book was released on 2019-06-24 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, China has built 25,000 km of dedicated highspeed railway—more than the rest of the world combined. What can we learn from this remarkable experience? China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail. The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing. Traffic on China’s high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers. One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results. Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density.
Book Synopsis High Speed Rail and China’s New Economic Geography by : Zhenhua Chen
Download or read book High Speed Rail and China’s New Economic Geography written by Zhenhua Chen and published by Edward Elgar Publishing. This book was released on 2019 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting an analytical approach to assessing the socioeconomic impact of high speed rail in China, and using a multilevel spatial analysis approach at both the national and the regional level, this book emphasizes capturing the spatial spillover effects of rail infrastructure development on China’s economic geography in terms of land use, housing market, tourism, regional disparity, modal competition, the economy and environment.
Book Synopsis The Social Benefits of High-Speed Rails in China by : Hongchang Li
Download or read book The Social Benefits of High-Speed Rails in China written by Hongchang Li and published by Springer Nature. This book was released on 2024 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zusammenfassung: This book summarizes the quantitative research methods related to the social benefits of high-speed rails. It also explores the political, economic, technological, social and environmental impacts of high-speed rails. As China's new national business card, high-speed railways not only reflect the advanced technology of Chinese railways but also reflect China's increasing comprehensive national power. The highlight of the book is to conduct multidimensional analysis of the social benefits of the high-speed rail with a focus of spatiotemporal economics analysis
Book Synopsis High-Speed Railways and New Structure of Socio-economic Development in China by : Xiaoyan Lin
Download or read book High-Speed Railways and New Structure of Socio-economic Development in China written by Xiaoyan Lin and published by Springer Nature. This book was released on 2023-06-14 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book systematically expounds the significance of the high-speed railway in China's regional economic and social development. It also contains a large number of case discussions, so that readers can fully understand the development of China's high-speed railway and its role in promoting China's economy. The purpose of this book is to determine whether high-speed railway has important political and strategic significance for China's development, the inherent relationship and mechanism of the high-speed railway together with economic and social development, and how to achieve the high-speed rail and economic and social coordination, as well as sustainable development.
Book Synopsis High-Speed Rail, Regional Economics, and Urban Development in China by : Richard Bullock
Download or read book High-Speed Rail, Regional Economics, and Urban Development in China written by Richard Bullock and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional economic evaluations of major transport infrastructure investments focus on the direct costs and benefits arising from travel, including user time savings, operator cost savings, and reductions in externalities including air pollution, noise, and accidents. There is an emerging consensus that major transport investments may have significant impacts that are not well captured by this type of conventional cost-benefit analysis. In China, the World Bank transport team has supported both econometric studies and on-the-ground surveys that begin to identify and quantify these impacts in the context of China's emerging High Speed Rail (HSR) program. Based on this and other research, the Bank team has begun to pilot a methodology to evaluate wider economic development benefits for several HSR projects, and has found them to be significant - of the same order as, but additional to the direct transport benefits that are traditionally measured. Crucially, these benefits of larger and better connected markets accrue to businesses and individuals even when they themselves do not travel. This paper highlights this research and methodology and the policy implications related to maximizing these benefits in practice.
Book Synopsis Handbook on High-Speed Rail and Quality of Life by : Yoshitsugu Hayashi
Download or read book Handbook on High-Speed Rail and Quality of Life written by Yoshitsugu Hayashi and published by Asian Development Bank. This book was released on 2020-12-29 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook on High-Speed Rail and Quality of Life outlines global experiences of high-speed rail development, including its construction, impacts, and planning, with a special focus on countries that are planning implementation in the coming decade. High-speed rail infrastructure can bring considerable socioeconomic benefits that cannot be captured through econometric modeling alone. Thus, analysis of the true impacts requires a scalar as well as a temporal lens. The studies in this handbook discuss transport infrastructure projects of varying geographic scale and describe the underlying complexities of developing an infrastructure system while focusing on the aspects that can enhance quality of life. The cases, concepts, and ideas presented in this handbook were discussed and refined during a conference and seminar series held at the Asian Development Bank Institute in Tokyo and special sessions on transport and quality of life at the 15th World Conference on Transport Research at the Indian Institute of Technology Bombay in Mumbai. The special sessions were jointly organized by the Asian Development Bank Institute and World Conference on Transport Research Society Special Interest Group A4, "High-Speed Rail: Policy, Investment, and Impacts". The conference and special sessions highlighted critical issues and delivered key messages on the broad research on high-speed rail and quality of life.
Book Synopsis High-speed Rail by : Petra Todorovich
Download or read book High-speed Rail written by Petra Todorovich and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Policy Focus Report was a product of the Lincoln Institute of Land Policy, the Regional Plan Association and their joint venture America 2050. The Lincoln Institute of Land Policy has been engaged in a series of projects with the Regional Plan Association for more than a decade. The partnership spawned the national initiative known as America 2050, which is aimed at meeting the infrastructure, economic development and environmental challenges of the nation, in preparation for a population increase of about 130 million by 2050. A major focus of America 2050 is the emergence of megaregions - large networks of metropolitan areas, where most of the population growth by mid-century will take place. Examples of megaregions are the Northeast Megaregion, from Boston to Washington, or Southern California, from Los Angeles to Tijuana, Mexico. High-speed rail is capable of linking employment centers and population hubs in corridors up to 600 miles in length in 11 U.S. megaregions.This Policy Focus Report was a product of the Lincoln Institute of Land Policy, the Regional Plan Association and their joint venture America 2050. The Lincoln Institute of Land Policy has been engaged in a series of projects with the Regional Plan Association for more than a decade. The partnership spawned the national initiative known as America 2050, which is aimed at meeting the infrastructure, economic development and environmental challenges of the nation, in preparation for a population increase of about 130 million by 2050. A major focus of America 2050 is the emergence of megaregions - large networks of metropolitan areas, where most of the population growth by mid-century will take place. Examples of megaregions are the Northeast Megaregion, from Boston to Washington, or Southern California, from Los Angeles to Tijuana, Mexico. High-speed rail is capable of linking employment centers and population hubs in corridors up to 600 miles in length in 11 U.S. megaregions.
Book Synopsis Road Development, Economic Growth, and Poverty Reduction in China by : Shenggen Fan
Download or read book Road Development, Economic Growth, and Poverty Reduction in China written by Shenggen Fan and published by Intl Food Policy Res Inst. This book was released on 2005-01-01 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1985, the Chinese government has given high priority to building roads, particularly high-quality roads that connect industrial centers. This report evaluates the contribution roads have made to poverty reduction and economic growth in China over the last two decades. It disaggregates road infrastructure into different classes to account for differences in their quality, and then estimates the impact of road investments on overall economic growth, agricultural growth, urban growth, urban poverty reduction, and rural poverty reduction. The report makes the case for a greater focus on low-quality and rural roads in future infrastructure investment strategies in China. It does so by showing how investing in low-quality and rural roads will generate larger marginal returns, raise more people out of poverty per yuan invested, and reduce regional development disparity more sharply than investing in high-quality roads. The study's findings will have considerable implications for China's infrastructure policy
Book Synopsis Chinese Railways in the Era of High Speed by : Zhenhua Chen
Download or read book Chinese Railways in the Era of High Speed written by Zhenhua Chen and published by Emerald Group Publishing. This book was released on 2015-09-07 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects on experiences in other countries and makes recommendations for improving the capability and capacity of institutions and organizations, in order to achieve sustainable development of the Chinese high-speed railway (HSR) system.
Book Synopsis Urban Infrastructure and Economic Development in China by : Chunyang Pan
Download or read book Urban Infrastructure and Economic Development in China written by Chunyang Pan and published by Springer Nature. This book was released on 2024-01-12 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of the history, basic concepts, and provision models of infrastructure, significant theories on infrastructure economics, practices at home and abroad that reflect the economic development effects of infrastructure, and four infrastructure economic growth models. Great attention is placed on the domestic front. This book describes and discusses in detail the historical background, development trends, achievements, and challenges of China’s infrastructure from 1949 to 2019, under the classic “supply and demand” analysis framework. From the four perspectives of market integration, open development, people’s livelihood, and endogenous growth, this book carries out an empirical study on how to quantify and make causal inferences about the economic development effects of infrastructure. Based on the conclusion that national governance is of important help to infrastructure provision, this book interprets China’s governance system and its impact on infrastructure provision from the angle of decentralization and offers suggestions on policy optimizing.
Book Synopsis Revitalising the Silk Road by : Bo Yu
Download or read book Revitalising the Silk Road written by Bo Yu and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's Belt and Road Initiative was introduced in 2013 to revitalise the Silk Road and promote economic development and integration. This paper investigates the economic effects of the opening of the only high-speed rail (HSR) line in northwest China which connects China's northwestern provinces along this Silk Road land route. We use a recently developed machine-learning extended nightlight data series from 2000 to 2019 and employ the ridge augmented synthetic control method (Ben-Michael et al., 2021) to assess the effects of the HSR line connection on economic activity along this Silk Road land route. We further propose an algorithm that helps automate the donor pool selection process while ensuring optimal pre-treatment fitness. Our results show that there are winners and losers from the opening of the Lanzhou-Urumqi HSR line. While there is some indication of the role that HSR can help play in making progress towards breaking through the Hu Huanyong Line, a geographical demarcation in China that is of vast economic significance, not all counties benefited from the opening of the HSR line.
Book Synopsis The Impact of High-Speed Rail Investment on Economic and Environmental Change in China by : Zhenhua Chen
Download or read book The Impact of High-Speed Rail Investment on Economic and Environmental Change in China written by Zhenhua Chen and published by . This book was released on 2015 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the impact of high-speed rail investment on the economy and environment in China using a computable general equilibrium (CGE) model with a focus on the period 2002-2013. The analysis is implemented in a dynamic recursive framework capturing long-run capital accumulation and labor market equilibrium. A national level impact was simulated through direct impact drivers including land use conversion, output expansion, cost reduction, productivity increase, transport demand substitution and induced demand. The results suggest that rail investment in China over the past two decades has been a positive stimulus to both the economy and social welfare, while the effect on CO2 emissions generation has been large. Overall, the economic and welfare contributions of rail investment are achieved primarily through induced demand and output expansion, whereas the contribution from a reduction of rail transportation costs and rail productivity increases were modest. In addition, negligible negative impacts from land use for rail development and the substitution effect among other modes were found. Emissions reduction from substitution of rail for other modes was small and overwhelmed by output expansion due to lowered rail transport costs and induced demand.
Book Synopsis China’s Railway Transformation by : Junjie Xi
Download or read book China’s Railway Transformation written by Junjie Xi and published by Taylor & Francis. This book was released on 2022-12-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates China’s railway transformation through history, along with culture changes and urban development. The book begins by looking at the background of China and the history and growth of railway development in China through five key phases, followed by assessing the cultural changes in the railway carriage and exploring how these are linked to social equality and national provisions. The core of this book aims to analyse the Chinese urban transformation through the development of the high-speed rail (HSR) infrastructure in China. Eleven important new HSR stations in mainland China, plus the new Hong Kong West Kowloon Station, have been selected to contextually explore how HSR infrastructures have affected the development of the Chinese urban context. The selected case studies are the stations of Beijing South, Wuhan, Shanghai Hongqiao, Guangzhou South, Xi’an North, Nanjing South, Chengdu East, Tianjin West, Zhengzhou East, Hangzhou East and Hong Kong West Kowloon. All of these were built between 2008 and 2018. In these case studies, the location and the intentions and success of promoting urban development are analysed and assessed. Following this, the book further investigates the peculiarities of the new HSR stations in China in comparison with stations in Europe. An assessment framework is established to evaluate the Chinese case studies comparatively with significant cases in Europe, attending to the urban structure of the area, the architectural quality, the functional diversity and the quality of the public space generated in the surrounding area.
Book Synopsis High Speed Rail and China's New Economic Geography by : Zhenhua Chen
Download or read book High Speed Rail and China's New Economic Geography written by Zhenhua Chen and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting an analytical approach to assessing the socioeconomic impact of high speed rail in China, and using a multilevel spatial analysis approach at both the national and the regional level, this book emphasizes capturing the spatial spillover effects of rail infrastructure development on China's economic geography in terms of land use, housing market, tourism, regional disparity, modal competition, the economy and environment.
Book Synopsis Chinese Global Infrastructure by : Austin Strange
Download or read book Chinese Global Infrastructure written by Austin Strange and published by Cambridge University Press. This book was released on 2023-11-30 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure is at the heart of China's presence in global development and is also central to larger debates about Chinese influence. This Element provides a comprehensive account of major, Chinese government-financed infrastructure projects in the Global South since 1949. Using new datasets, it demonstrates that Chinese global infrastructure is distinct in terms of its historical tenacity and massive contemporary scope. But this does not imply that contemporary Chinese global infrastructure or the Belt and Road Initiative should be studied in a vacuum. Historical and comparative perspectives show that contemporary projects often emerge based on similar political logics to those that shaped infrastructure investment in earlier periods of Chinese history and other international contexts. The Element then examines how infrastructure projects have created both purposeful and unintended sources of influence by serving as valuable but risky political capital for host country governments as well as the Chinese government.
Download or read book The Belt and Road written by Fei Xu and published by Springer. This book was released on 2018-07-24 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the unprecedented international interest in China’s high-speed railways, this book adopts a global perspective to examine the success of the system and probes into its going-global strategy in the context of the “Belt and Road” initiative, providing readers around the world a better understanding of infrastructure construction under the “Belt and Road” plan, as well as the global vision of communication and mutual exchange and prosperity among the countries along the Belt and Road route. The previous American President, Barack Obama, once told President Xi Jinping that there were two things about China that he particularly admired: the high-speed railway system, and the mathematics education. "The Belt and Road, and the Global Strategy of China’s High-speed Rail" provides scholarly researchers and those generally interested in China's High-speed rail excellent insight into this impressive and rapid development.
