On the Road: Access to Transportation Infrastructure and Economic Growth in China
Abstract
This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities. Our results show that proximity to transportation networks have a moderate positive causal effect on per capita GDP levels across sectors, but no effect on per capita GDP growth. We provide a simple theoretical framework with empirically testable predictions to interpret our results. We argue that our results are consistent with factor mobility playing an important role in determining the economic benefits of infrastructure development.Download Info
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Bibliographic Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 8874.Length:
Date of creation: Mar 2012
Date of revision:
Handle: RePEc:cpr:ceprdp:8874
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Related research
Keywords: firms; growth; inequality; infrastructure;Other versions of this item:
- Abhijit Banerjee & Esther Duflo & Nancy Qian, 2012. "On the Road: Access to Transportation Infrastructure and Economic Growth in China," Working Papers id:4826, eSocialSciences.
- Abhijit Banerjee & Esther Duflo & Nancy Qian, 2012. "On the Road: Access to Transportation Infrastructure and Economic Growth in China," NBER Working Papers 17897, National Bureau of Economic Research, Inc.
- D2 - Microeconomics - - Production and Organizations
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Systems
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-28 (All new papers)
- NEP-GEO-2012-03-28 (Economic Geography)
- NEP-TRA-2012-03-28 (Transition Economics)
- NEP-TRE-2012-03-28 (Transport Economics)
- NEP-URE-2012-03-28 (Urban & Real Estate Economics)
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
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