ID | 124561 |
Title Proper | Central government's infrastructure investment across Chinese regions |
Other Title Information | a dynamic spatial panel data approach |
Language | ENG |
Author | Zheng, Xinye ; Li, Fanghua ; Song, Shunfeng ; Yu, Yihua |
Publication | 2013. |
Summary / Abstract (Note) | This study employs spatial panel techniques to examine determinants of regional allocation of infrastructure investment made by the central government. Using a sample of 31 Chinese provinces over the 2001-2008 period, we derived four major empirical findings. First, there exist substantial spatial interactions of central government's investment across regions. Second, the central investment exhibits a highly persistent effect. Third, the central government attempts to balance equity and efficiency in its decision-making. Last, the political factor plays a significant role in the regional infrastructure investment. |
`In' analytical Note | China Economic Review Vol.27, No.4; December 2013: p.264-276 |
Journal Source | China Economic Review Vol.27, No.4; December 2013: p.264-276 |
Key Words | Infrastructure Investment ; Efficiency - Equity ; Tradeoff ; Spatial Interaction ; Economics - China ; China ; Trade Policy - China ; International Trade - China |