An Empirical Analysis on the Relationship between Transport Infrastructure and Economic Growth in Tianjin

Xiao Zhe Meng

doi:10.4028/www.scientific.net/AMM.253-255.278

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 253-255An Empirical Analysis on the Relationship between...

An Empirical Analysis on the Relationship between Transport Infrastructure and Economic Growth in Tianjin

Abstract:

Transport infrastructure makes important contribution to economic growth. At the same time, the economic growth provides support to the transport infrastructure. Based on the co-integration theory and Granger casualty analysis, using time series data in Tianjin from 1978 to 2010, empirically analyze the co-integration relationship and Granger causality between the index of all kinds of transport infrastructure and the GDP in Tianjin. Research shows that there are positive correlations between the length of road, railway, quay line and GDP. The length of road, railway and quay line is the Granger cause of GDP. However, GDP is not the Granger cause of transport infrastructure.

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Periodical:

Applied Mechanics and Materials (Volumes 253-255)

Pages:

278-281

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.253-255.278

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Online since:

December 2012

Authors:

Xiao Zhe Meng

Keywords:

Co-Integration Test, Economic Growth, Granger Casualty Analysis, Transport Infrastructure

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