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ID124561
Title ProperCentral government's infrastructure investment across Chinese regions
Other Title Informationa dynamic spatial panel data approach
LanguageENG
AuthorZheng, Xinye ;  Li, Fanghua ;  Song, Shunfeng ;  Yu, Yihua
Publication2013.
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 NoteChina Economic Review Vol.27, No.4; December 2013: p.264-276
Journal SourceChina Economic Review Vol.27, No.4; December 2013: p.264-276
Key WordsInfrastructure Investment ;  Efficiency - Equity ;  Tradeoff ;  Spatial Interaction ;  Economics - China ;  China ;  Trade Policy - China ;  International Trade - China