This paper uses Feder model to test impacts of transport infrastructure on economic growth. With China provincial data from 1990-2010 the empirical models, including Basic model, Time-Lag model and Spatial model, demonstrate that transport infrastructure does have a positive Spillover Effect on economic growth. However, Direct Effect on economic growth is negative possibly due to Crowding-Out Effect and productivity difference between sectors. The research also proves the Spillover Effects are becoming weaker as time passed. Finally, Spatial Spillover Effect or Network Effects are confirmed.


    Access

    Download


    Export, share and cite



    Title :

    Stimulate economic growth by improving transport infrastructure – a lesson from China


    Contributors:
    Xiaodong WANG (author) / Danxuan DENG (author) / Xiaoli WU (author)


    Publication date :

    2014



    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    Unknown




    Transport infrastructure and regional economic growth: evidence from China

    Hong, Junjie / Chu, Zhaofang / Wang, Qiang | Online Contents | 2011


    Transport infrastructure and regional economic growth: evidence from China

    Hong, Junjie / Chu, Zhaofang / Wang, Qiang | Online Contents | 2011



    Transport Infrastructure, Spatial Clusters and Regional Economic Growth in China

    Yu, Nannan / De Jong, Martin / Storm, Servaas et al. | Taylor & Francis Verlag | 2012


    Land transport infrastructure and economic growth

    Metcalfe, J. | Online Contents | 1994