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International Journal of Social Sciences and Economic Management, 2024, 5(2); doi: 10.38007/IJSSEM.2024.050207.

High-Speed Rail Development and Common Prosperity: From the Perspective of Farmers’ Income Growth

Author(s)

Bao Qu

Corresponding Author:
Bao Qu
Affiliation(s)

The School of Accounting, Guizhou University of Finance and Economics, Guiyang 550000, Guizhou, China

Abstract

Chinese-style modernization is a modernization where all people achieve common prosperity, and common prosperity is the essential requirement of socialism with Chinese characteristics. Increasing the income of low-income groups, especially rural residents, is a crucial foundation for achieving common prosperity. This paper uses data from Chinese prefecture-level cities from 2008 to 2020 to explore the enabling effect of high-speed rail on common prosperity from the perspective of increasing farmers' income. The study finds that the opening of high-speed rail can significantly promote farmers' income growth and has a positive incremental effect on the strategic goal of common prosperity. This paper provides experiential references for addressing the issue of common prosperity from the perspective of accessibility in transportation infrastructure construction.

Keywords

High-speed rail launch; common prosperity; farmers' income increase

Cite This Paper

Bao Qu. High-Speed Rail Development and Common Prosperity: From the Perspective of Farmers’ Income Growth. International Journal of Social Sciences and Economic Management (2024), Vol. 5, Issue 2: 50-56. https://doi.org/10.38007/IJSSEM.2024.050207.

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