Investments on the construction of transportation infrastructure have a great effect on the national economy of any country. Infrastructure includes the transport networks such as railways, highways, and waterways. This article examines the transportation infrastructure construction contribution on both of the national product growth and the personnel employment growth in China for the year of 2002. This examination was done based on input-output method and industry correlation theory which applies the output, investment, employment multiplication in order to quantify the investments effects on the transportation infrastructure construction for the Chinese economy. The obtained results showed that the scale of transportation infrastructure construction is small at present in comparison with many others countries which will lead to lower the growth rates and productivity of the Chinese economy in the near future. This paper concludes that the Chinese government should strength the administration of macro-economy in order to exert the function of the transportation infrastructure for the economy development.
Economic Contribution Rate Analysis of Chinese Transportation Infrastructure Construction: Based on the Input-Output Data Sheet in 2002
First International Symposium on Transportation and Development Innovative Best Practices ; 2008 ; Beijing, China
2008-04-04
Conference paper
Electronic Resource
English
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