Spatial spillover effects,either positive or negative,of transport infrastructure,highways/expressways,etc.,on regional economic growth are proposed.Using the panel data for 11 cities of Zhejiang province from 1994 to...Spatial spillover effects,either positive or negative,of transport infrastructure,highways/expressways,etc.,on regional economic growth are proposed.Using the panel data for 11 cities of Zhejiang province from 1994 to 2003,a spatial production function is applied to examine the spatial spillovers which can be generated as a positive output spillover from the transport infrastructure between neighboring cities.Some spatial weighted matrices are adopted to define different neighboring cities to measure how easily factors or economic activities can migrate between regions.The estimation results show that the output elasticity of the highway infrastructure in 11 cities are all insignificant at a 5% significance level;hence,highway infrastructure in a region cannot explain the same region's economic growth.On the other hand,the highway infrastructure of other contiguous regions has positive spillover effects on a same region's economic growth.展开更多
Australia's development and infrastructure plans have synergy with China's 21 st Century Maritime Silk Road initiative, and their political, economic, trade, financial and civil exchanges have deepened bilater...Australia's development and infrastructure plans have synergy with China's 21 st Century Maritime Silk Road initiative, and their political, economic, trade, financial and civil exchanges have deepened bilaterally. However, as the synergy of the development strategies meets challenges, China should stick to the principle of opening-up and inclusiveness to cope with the ups and downs coming up in the ChinaAustralia relationship so as to ensure Australia can contribute positively to the initiative.展开更多
基金The National Key Technology R&D Program of China during the 11 th Five-Year Plan Period(No.2006BAH02A06)Program for New Century Excellent Talents in China(No.NCET-05-0529)
文摘Spatial spillover effects,either positive or negative,of transport infrastructure,highways/expressways,etc.,on regional economic growth are proposed.Using the panel data for 11 cities of Zhejiang province from 1994 to 2003,a spatial production function is applied to examine the spatial spillovers which can be generated as a positive output spillover from the transport infrastructure between neighboring cities.Some spatial weighted matrices are adopted to define different neighboring cities to measure how easily factors or economic activities can migrate between regions.The estimation results show that the output elasticity of the highway infrastructure in 11 cities are all insignificant at a 5% significance level;hence,highway infrastructure in a region cannot explain the same region's economic growth.On the other hand,the highway infrastructure of other contiguous regions has positive spillover effects on a same region's economic growth.
文摘Australia's development and infrastructure plans have synergy with China's 21 st Century Maritime Silk Road initiative, and their political, economic, trade, financial and civil exchanges have deepened bilaterally. However, as the synergy of the development strategies meets challenges, China should stick to the principle of opening-up and inclusiveness to cope with the ups and downs coming up in the ChinaAustralia relationship so as to ensure Australia can contribute positively to the initiative.
