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On the relationship between transportation infrastructure and economic development in China

handle: 11590/373139
Abstract This paper aims to explore the impact of transportation infrastructure on economic growth in China at different levels: aggregate and regional. Using a time series approach and panel data for 28 regions (where there are provinces also) over the time 1990–2017, the experimental findings confirms the economic theory of development choices. Although other studies have addressed this problem with the same data, our contribution has been to combine the aggregated results with the regional ones for policy analysis. In addition, we combine a Machine Learning technique capable of verifying causality through a supervised and an econometric approach. The results show that the contribution to the growth of transport investments is different from region to region, but we have highlighted how transport affects economic growth at the aggregate level. However, the lack of infrastructure maintenance eliminates the positive effects of investments over time in the medium term.
- Roma Tre University Italy
- Roma Tre University Italy
- University of Teramo Italy
- University of Teramo Italy
China, Transport infrastructure, Regional development, Time lag model, Machine learning, Economic growth, Transport infrastructure; Economic growth; China; Machine learning; Time lag model; Regional development
China, Transport infrastructure, Regional development, Time lag model, Machine learning, Economic growth, Transport infrastructure; Economic growth; China; Machine learning; Time lag model; Regional development
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).99 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 1% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Top 10% impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 1% visibility views 3 - 3views
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