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On the Road: Access to Transportation Infrastructure and Economic Growth in China
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In this paper, the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth was investigated, and it was shown that proximity to a transportation network has a moderate positive causal effect on per capita GDP levels across sectors, but no effect on overall GDP growth.Abstract:
This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities. Our results show that proximity to transportation networks have a moderate positive causal effect on per capita GDP levels across sectors, but no effect on per capita GDP growth. We provide a simple theoretical framework with empirically testable predictions to interpret our results. We argue that our results are consistent with factor mobility playing an important role in determining the economic benefits of infrastructure development.read more
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Market Accessibility and Economic Growth: Insights from a New Dimension of Inequality
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Infrastructure and well-being: employment effects of Jamuna bridge in Bangladesh
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Electrification and Educational Outcomes in Rural Peru
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References
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Capitalism with Chinese Characteristics: Entrepreneurship and the State
TL;DR: The authors presents a story of two Chinas, an entrepreneurial rural China and a state-controlled urban China, and uses the emerging Indian miracle to debunk the widespread notion that democracy is automatically anti-growth.