Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/53854
Title: Rail, rivers, road or air : which infrastructure promotes growth in China?
Authors: Strauss, Jack
Li, Hongchang
Yu, Kemei
Wang, Xinyu
Keywords: Transportation -- China -- History -- 21st century
Transportation -- China -- Planning
Transportation -- Economic aspects
Gross domestic product -- China
Issue Date: 2020
Publisher: University of Malta. Junior College
Citation: Strauss, J., Li, H., Yu, K., & Wang, X. (2020). Rail, rivers, road or air : which infrastructure promotes growth in China? Symposia Melitensia, 16, 275-286.
Abstract: We examine the relationship between growth in transportation and economic output across Chinese provinces from 2005-2014. Panel GMM methods evaluate the impact of changes in air, conventional rail, HSR, roads, and waterways turnover volume on provincial output growth. GMM estimates demonstrate that rail and roads significantly affect economic growth; rail’s impact is particularly significant and its estimates are economically large for agriculture and manufacturing output. In contrast, air, HSR and water usage do not contribute to economic growth. Impulse responses indicate that rail and roads considerably affect GDP growth across China, and there is bi-causality between transportation and economic growth. Cost-benefit analysis highlights that the benefit of roads, and particularly rail, outweigh the costs of infrastructure spending.
URI: https://www.um.edu.mt/library/oar/handle/123456789/53854
Appears in Collections:SymMel, 2019, Volume 16
SymMel, 2020, Volume 16

Files in This Item:
File Description SizeFormat 
26 J Strass, H li, K Yu, X Wang 275-286.pdf772.91 kBAdobe PDFView/Open


Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.