Paper
Empirical Research on Reasonableness in Spatial Distribution and Investment of Transportation Infrastructure in China
- Authors:
- Xiaohong Ren
- Abstract
- From the perspective of manufacturing location choice, this paper analyzed and tested the reasonableness in spatial distribution and investment of transportation infrastructure in China by developing spatial econometrics model etc., and it found that the transportation infrastructures in China are excessively concentrated in its eastern and central regions due to excessive concentration of transportation investment in these areas over the years. At the same time, the spatial econometric model shows that transportation infrastructure stock has a very significant influence to manufacturing location in 31 provinces in China as well. So it concluded that there is too much unreasonableness in the spatial distribution and allocation of investment of transportation infrastructure in China, so China should focus immediately on increasing transportation investment in the western region, and pay more attention to the development in the undeveloped regions by new lines to induce manufacturing sites located in those areas to improve the endogenous economic development power of the undeveloped regions to reduce regional disparities.
- Keywords
- empirical research;transportation infrastructure; transportation investment; reasonableness
- StartPage
- 27
- EndPage
- 32
- Doi