The impact of transportation infrastructure on the regional economic integration in China:A CGE analysis

IF 4.8 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2025-03-18 DOI:10.1016/j.iref.2025.104045

Huijuan Li , Teng Hu , Xinyu Ma , Baodong Cheng

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引用次数: 0

Abstract

Highway infrastructure is crucial for regional economic development, improving market accessibility, trade efficiency, and industrial growth. This study employs a county-level computable general equilibrium (CGE) model, adapted from the TERM model, to analyze the economic effects of highway expansion in Gansu Province. The results show that provincial highways significantly enhance intra-regional trade and local industry development, particularly in agriculture and manufacturing, while national highways contribute more to inter-regional trade and long-term industrial transformation. Policy recommendations emphasize coordinated investment strategies, ensuring alignment between national and provincial highways. Infrastructure planning should also consider regional economic structures and sector-specific needs, integrating smart transportation technologies to maximize economic benefits. Future research should extend this analysis to other provinces to compare transportation infrastructure effects across diverse economic regions.

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交通基础设施对中国区域经济一体化的影响：一个CGE分析

公路基础设施对区域经济发展、提高市场可达性、贸易效率和产业增长至关重要。本文采用基于TERM模型的县域可计算一般均衡（CGE）模型，对甘肃省公路扩建的经济效应进行了分析。结果表明，省道公路显著促进区域内贸易和地方产业发展，特别是农业和制造业的发展，而国道公路对区域间贸易和长期产业转型的贡献更大。政策建议强调协调投资战略，确保国道和省道的衔接。基础设施规划还应考虑区域经济结构和行业具体需求，整合智能交通技术，实现经济效益最大化。未来的研究应将这一分析扩展到其他省份，以比较不同经济区域的交通基础设施效应。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.