Spatial Econometric Research on the Relationship between Highway Construction and Regional Economic Growth in China: Evidence from the Nationwide Panel Data

[摘要] Based on spatial panel data from 2010 to 2016 in China, this paper makes an empirical analysis on the relationship between highway construction and regional economic growth by means of spatial econometric model. The results show that there is positive spatial correlation on regional economic growth in China, and strong spatial dependences between some provinces and cities appear, specifically, Hebei, Beijing, Tianjin, Shanghai, Zhejiang and other eastern coastal areas show high-high agglomeration trend, the Pearl River Delta region presents high-low agglomeration trend; In terms of nationwide provinces and municipalities, a province's highway construction investment for their own province and the neighboring provinces has pulling effect on economic growth to a certain extent, and the direct effect is more obvious.

[发布机构] School of Economics and Management, Chang' An University, Xi'an; 710064, China^1;School of Mathematics and Computational Science, Xiangtan University, Xiangtan; 411100, China^2

[关键词] Economic growths;Empirical analysis;Highway construction;Pearl River Delta region;Regional economic growths;Spatial correlations;Spatial dependence;Spatial econometric models