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Can the Construction of Transportation Infrastructure Main_x005ftain Stable Growth? ——Empirical Research Based on Provincial Panel data

Run Ma

Abstract


Based on the Feder decomposition model, a theoretical model was constructed to analyze the relationship between transportation
infrastructure construction and economic growth. Empirical testing was conducted using panel data from 30 provinces in China from 2001 to
2019. It was found that through empirical analysis of the dynamic changes in the direct and indirect economic growth effects of inter provin_x005fcial transportation infrastructure construction, the stable growth role of regional transportation infrastructure construction was explored, and
it was found that both direct and indirect economic growth effects were involved, There are obvious temporal and spatial differences in both,
therefore, to promote high-quality urban development, it is necessary to emphasize external transportation connections, reduce transportation
costs, and also require government policy support. The period of relying solely on transportation to drive economic growth has passed.

Keywords


Feder Model; Spillover Effect; Economic Growth


Included Database


References


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DOI: https://doi.org/10.18686/utc.v9i4.203

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