Does the Opening of High-Speed Railway Lines Reduce the Carbon Intensity of China’s Resource-Based Cities?

Abstract

The carbon intensity of China’s resource-based cities (RBCs) is much higher than the national average due to their relatively intensive mode of development. Low carbon transformation of RBCs is an important way to achieve the goal of reaching the carbon emissions peak in 2030. Based on the panel data from 116 RBCs in China from 2003 to 2018, this study takes the opening of high-speed railway (HSR) lines as a quasi-experiment, using a time-varying difference-in-difference (DID) model to empirically evaluate the impact of an HSR line on reducing the carbon intensity of RBCs. The results show that the opening of an HSR line can reduce the carbon intensity of RBCs, and this was still true after considering the possibility of problems with endogenous selection bias and after applying the relevant robustness tests. The opening of an HSR line is found to have a significant reducing effect on the carbon intensity of different types of RBC, and the decline in the carbon intensity of coal-based cities is found to be the greatest. Promoting migration of RBCs with HSR lines is found to be an effective intermediary way of reducing their carbon intensity.