Road to success? The effects of road toll on economic growth in China

被引：10
|
作者：
Chen, Shuo [1 ]
He, Xiaobo [2 ]
机构：
[1] Fudan Univ, Dept Econ, Shanghai 200433, Peoples R China
[2] Univ Adelaide, Adelaide, SA, Australia
来源：
APPLIED ECONOMICS LETTERS | 2015年 / 22卷 / 02期
关键词：
China; pool mean group method; economic growth; toll roads; H41; H23; D61; INFRASTRUCTURE;
D O I：
10.1080/13504851.2014.931913
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article examines the effects of road tolls on economic growth in China. Using a provincial panel data and pool mean group method, we find that a 1% rise in road tolls leads to 0.005% and 0.03% reduction in GDP growth and GDP per capita, respectively. Moreover, it shows that although more road tolls may contribute to financing local transportation networks, they hinder inter-regional trade thus result in more serious market segmentation.
引用
收藏
页码：158 / 162
页数：5
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