The Economic Impacts of Subway Introduction on Products of Different Industry Sectors within Suburban Area
Publication: Journal of Urban Planning and Development
Volume 149, Issue 3
Abstract
Based on the traditional difference-in-differences (DID) model, this research establishes a two-stage DID model to investigate the impact of a subway on the suburban economy. A parallel trend analysis and placebo test are applied respectively to verify the robustness of the estimated results regressed by the two-stage DID model. The heterogeneous effects of a subway announcement and opening on different industry sectors are further analyzed. The study results indicate that the introduction of a subway is able to significantly promote the development of the suburban economy. Moreover, the impacts of a subway announcement and opening on different industry sectors are heterogeneous.
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Information & Authors
Information
Published In
Journal of Urban Planning and Development
Volume 149 • Issue 3 • September 2023
Copyright
© 2023 American Society of Civil Engineers.
History
Received: Sep 15, 2022
Accepted: Mar 16, 2023
Published online: Jul 5, 2023
Published in print: Sep 1, 2023
Discussion open until: Dec 5, 2023
ASCE Technical Topics:
- Analysis (by type)
- Business management
- Chemical properties
- Chemistry
- Economic factors
- Engineering fundamentals
- Environmental engineering
- Heterogeneity
- Industries
- Infrastructure
- Methodology (by type)
- Organizations
- Practice and Profession
- Rail transportation
- Regression analysis
- Research methods (by type)
- Statistical analysis (by type)
- Suburbs
- Subways
- Transportation engineering
- Urban and regional development
- Urban areas
- Verification
Authors
Metrics & Citations
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