Table 5 Impacts of different types of high-speed rail new towns in various regions.
Variables | Eastern cities | Central cities | Western cities | |||
---|---|---|---|---|---|---|
Peripheral | Central | Peripheral | Central | Peripheral | Central | |
LnHSRNT | 0.204** (2.45) | 0.319*** (3.78) | 0.152*** (5.65) | 0.291*** (3.02) | 0.100* (1.96) | 0.126* (1.63) |
LnFDI | 0.085*** (3.29) | 0.134*** (3.23) | 0.015 (0.63) | 0.009 (0.75) | 0.067*** (3.17) | −0.026 (−0.24) |
LnTRSCG | −0.101*** (−4.19) | −0.078*** (−3.61) | 0.036 (0.96) | 0.321*** (2.91) | 0.017 (0.44) | 0.011 (1.7) |
LnURB | 0.130 (1.64) | 0.249*** (2.73) | 0.350*** (3.46) | 0.684** (2.35) | 0.248*** (3.81) | 0.600*** (3.76) |
LnDE | 0.242*** (7.09) | 0.169*** (5.39) | 0.159*** (7.17) | 0.251* (1.82) | 0.204*** (6.66) | 0.149*** (3.08) |
LnPD | 0.067 (1.54) | 0.067*** (2.79) | −0.065 (−0.79) | −0.033 (−0.57) | 0.098 (1.17) | 0.005 (0.11) |
Constant | −0.788* | −1.562*** | −0.433 | −4.736*** | −1.650*** | −0.146 |
Time fixed | Yes | Yes | Yes | Yes | Yes | Yes |
City fixed | Yes | Yes | Yes | Yes | Yes | Yes |
Obs. | 473 | 517 | 660 | 220 | 352 | 231 |
R2 | 0.640 | 0.656 | 0.642 | 0.693 | 0.617 | 0.647 |