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Urban Rail Transit and Labour Cost Stickiness: Evidence From China

Mingrui Chen et al.

Accounting and Finance2026https://doi.org/10.1111/acfi.70213article
AJG 2ABDC A
Weight
0.50

What the paper says

This study examines how improved commuting infrastructure affects labour cost stickiness. Leveraging the staggered operations of urban rail transit (URT) stations in China, we find that the operation of URT stations significantly reduces firms' labour cost stickiness, especially among firms with tighter labour supply, higher labour demand and poorer prior commuting conditions. The effect is primarily driven by changes in employee headcount rather than wage adjustments, leading to 4.5%–6.5% gains in labour‐related economic benefits. Our findings underscore the role of public infrastructure in shaping firms' cost behaviour and offer practical insights for policymakers and investors in developing economies.

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https://doi.org/https://doi.org/10.1111/acfi.70213

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@article{mingrui2026,
  title        = {{Urban Rail Transit and Labour Cost Stickiness: Evidence From China}},
  author       = {Mingrui Chen et al.},
  journal      = {Accounting and Finance},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1111/acfi.70213},
}

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Urban Rail Transit and Labour Cost Stickiness: Evidence From China

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.