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The Regional Macroeconomic Effects of Public Infrastructure in China

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dc.contributor.advisor Stough, Roger R.
dc.contributor.author Song, Chunpu
dc.creator Song, Chunpu
dc.date 2011-01-19
dc.date.accessioned 2011-02-25T21:51:42Z
dc.date.available NO_RESTRICTION en_US
dc.date.available 2011-02-25T21:51:42Z
dc.date.issued 2011-02-25
dc.identifier.uri https://hdl.handle.net/1920/6182
dc.description.abstract This dissertation examines the relationship between public infrastructure and regional economic productivity in China. Based on a panel data set for 29 regions of China for a 17-year period of 1987-2003, a three-step nonstationary panel analytical procedure is conducted to investigate whether public infrastructure is productive in China. The results show that public infrastructure is productive in China across 29 regions from 1987 to 2003, with a moderate estimated output elasticity of 0.15. Among the eastern, central and western mega-regions in China, the productivity effect of public infrastructure is largest in the central mega-region and smallest in the eastern mega-region. Moreover, the estimated output elasticity in regard to the first-order neighboring public capital is about 0.11, which is even larger than that regarding public capital (0.09). Finally, a panel Granger causality test is conducted to investigate the nature of the possible causal relationship between public infrastructure and economic output in China. The results demonstrate that there exist strong bilateral causal relationships between public infrastructure and economic output in China. In particular, public infrastructure may influence economic output during a longer time horizon than economic output does for public infrastructure in China.
dc.language.iso en_US en_US
dc.subject public infrastructure en_US
dc.subject granger causality test en_US
dc.subject regional productivity en_US
dc.subject panel data en_US
dc.subject nonstationarity en_US
dc.subject China en_US
dc.title The Regional Macroeconomic Effects of Public Infrastructure in China en_US
dc.type Dissertation en
thesis.degree.name Doctor of Philosophy en_US
thesis.degree.level Doctoral en
thesis.degree.discipline Public Policy en
thesis.degree.grantor George Mason University en


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