Road transportation and economic growth in China: Granger causality analysis based on provincial panel data
Road transportation and economic growth in China: Granger causality analysis based on provincial panel data
This study examines the causal relationship between road transportation and economic growth in 31 provinces and municipalities in China by using province-level panel data covering the period from 1980 to 2015. This study adopts the Granger causality analysis based on meta-analysis in heterogeneous mixed panels. The empirical model also considers the heterogeneity of the coefficients and the cross-sectional correlations of the panel data. The empirical results confirm that the bi-directional causal relation between road transportation and economic development is the dominant type in various provinces and municipalities in China. Moreover, the results reveal a unidirectional causality running from road transportation to economic growth in Beijing, Shanghai, Heilongjiang; a unidirectional causality running from economic growth to road transportation in Tianjin, Fujian and Hunan; and no causal relation in Tibet. The results imply that road transportation and economic growth in most parts of China are mutually coordinated.
Document information
Road transportation and economic growth in China: Granger causality analysis based on provincial panel data
Transportation Letters ; 14 , 7 ; 710-720
2022-08-09
11 pages
Article (Journal)
Electronic Resource
Unknown
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