Abstract:
The purpose of this article is to analyze the impact of transportation infrastructure
investment on regional economic development in Yangtze River Delta Area,
including three provinces and one city. To study the interrelationship between
transport infrastructure and economic growth, we collected time series data for four
regions from 2000 to 2019. Although there are some existing studies have explored
the same topic, this paper has its own contribution because: ○1 it used different data
and indicators for transportation and economy, ○2 it used different empirical
approaches which are Granger Causality model, including panel unit root test and
cointegration test. The result indicates that the transportation infrastructure has a
causal relationship with economic growth only in Shanghai and Jiangsu province, the
correlations between the four regions are positive which means increasing in the
investment of transportation infrastructure leads to an increase in economy. Since the
Yangtze River Delta Area has an excellent freight transportation system, this paper
also gives an analysis of the freight transportation.
