Research on the impact of the opening of the China-Europe Railway Express on enterprise entry and spatial layout
As an important measure of the Belt and Road Initiative,the China-Europe Railway Express has played an important role in building a new development pattern and promoting local economic development in a complex external environment.Based on the quasi-natural experiment of the opening of the China-Europe Railway Express,this paper uses the difference-in-difference method to investigate the impact and mechanism of the opening of the China-Europe Railway Express on the entry and spatial layout of enterprises.The results show that:(1)Compared with the districts and counties that have not opened the China-Europe Railway Express,the number of newly registered enterprises per 10,000 people in the districts and counties that have opened the China-Europe Railway Express is 27.1981,indicating that the opening of the China-Europe Railway Express has a promoting effect on attracting enterprises to enter.After a series of robustness tests,this conclusion is still valid.(2)The attraction effect of the opening of the China-Europe Railway Express on the entry of enterprises is more obvious in the high-level economic regions,central and western regions;(3)The opening of the China-Europe Railway Express will attract enterprises to enter by improving regional economic density,population density and knowledge spillover;(4)The opening of the China-Europe Railway Express attracts enterprises to enter the radiation range is concentrated within 200km.This paper provides an important reference for revealing how the opening of the China-Europe Railway Express affects the location decision-making of micro-enterprises and the spatial distribution of economic activities.
China-Europe Railway Expressenterprise entryenterprise space layouteconomic development