The Regional Macroeconomic Effects of Public Infrastructure in China

dc.contributor.advisorStough, Roger R.
dc.contributor.authorSong, Chunpu
dc.creatorSong, Chunpu
dc.date2011-01-19
dc.date.accessioned2011-02-25T21:51:42Z
dc.date.availableNO_RESTRICTION
dc.date.available2011-02-25T21:51:42Z
dc.date.issued2011-02-25
dc.description.abstractThis 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.identifier.urihttps://hdl.handle.net/1920/6182
dc.language.isoen_US
dc.subjectPublic infrastructure
dc.subjectGranger causality test
dc.subjectRegional productivity
dc.subjectPanel data
dc.subjectNonstationarity
dc.subjectChina
dc.titleThe Regional Macroeconomic Effects of Public Infrastructure in China
dc.typeDissertation
thesis.degree.disciplinePublic Policy
thesis.degree.grantorGeorge Mason University
thesis.degree.levelDoctoral
thesis.degree.nameDoctor of Philosophy

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