Analysis of the coupling coordination between transportation infrastructure investment and economic development in Hubei province

2017 ◽  
Author(s):  
Zhi Chen ◽  
Keyword(s):  
Economic Development ◽  
Hubei Province ◽  
Transportation Infrastructure ◽  
Infrastructure Investment

Evaluating transportation infrastructure investment on a regional level: a system dynamics simulation

SIMULATION ◽  
2018 ◽  
Vol 94 (10) ◽  
pp. 943-954 ◽  
Author(s):  
Zhong Wang ◽  
Yingying Zhang ◽  
Lian Lian ◽  
Chenglong Chu
Keyword(s):  
Economic Development ◽  
System Dynamics ◽  
Structural Equations ◽  
Regional Level ◽  
Transportation Infrastructure ◽  
Dynamics Simulation ◽  
Infrastructure Investment ◽  
Transportation Investment ◽  
The Impact ◽  
Sd Model

Transportation infrastructure investment (TII) has significant influence on regional economic development. This paper aims to measure the potential economic impact of TII and to help policymakers to evaluate different alternatives and strategies at the regional level through a system dynamics (SD) approach. First, an SD model is established to simulate the impact of TII on the economy and employment. The relationship between transportation investments and economic development is examined and the relevant employment and economic indicators are identified. Second, the variables, flow diagrams, and structural equations of the SD model are defined. Third, the program Vensim is employed to establish the SD model with economy, transportation, and employment subsystems. It is then calibrated based on the historical statistics data in Liaoning Province, China. Finally, scenario analysis of different transportation investment plans is presented. The results will help investors, policymakers, and government agencies to estimate the potential outcomes of proposed transportation investment plans and to further develop optimal policies for transportation investment.

PENGARUH PEMBANGUNAN INFRASTRUKTUR TERHADAP PDRB DI PROVINSI INDONESIA

Wahana ◽  
2019 ◽  
Vol 22 (1) ◽  
pp. 15-27
Author(s):  
Suripto Suripto ◽  
Eva Dwi Lestari
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Panel Data ◽  
Infrastructure Investment ◽  
Water Infrastructure ◽  
Infrastructure Development ◽  
Road Infrastructure ◽  
Health Infrastructure ◽  
Spatial Coverage ◽  
The Government

Economic growth is one indicator to measure  the success of economic development in a country. Economic development is closely related to infrastructure. Infrastructure development will have an impact on economic growth both directly and indirectly. Therefore, the role of the government in determining infrastructure development policies is very important to increase economic growth in Indonesia. The purpose of this study is to determine the effect of infrastructure on economic growth in Indonesia including road infrastructure, electricity infrastructure, investment, water infrastructure, education infrastructure and health infrastructure in Indonesia in 2015-2017.The analytical tool used in this study is panel data regression with the approach of Fixed Effect Model. The spatial coverage of this study is all provinces in Indonesia, namely 34 provinces, with a series of data from 2015 to 2017 with a total of 102 observations. The data used is secondary data obtained from BPS Indonesia.The results of the study show that (1) the road infrastructure variables have a negative and not significant effect on GDRP. (2) electrical infrastructure variables have a negative and not significant effect on GDRP. (3) investment variables have a positive and significant effect on GDRP. (4) water infrastructure variables have a positive and not significant effect on GDRP. (5) educational infrastructure variables have a positive and not significant effect on GDRP. (6) health infrastructure variables have a positive and significant effect on GDRP. Keywords: development, infrastructure, investment, GDRP, panel data

scholarly journals Public–Private Partnership Infrastructure Investment and Sustainable Economic Development: An Empirical Study Based on Efficiency Evaluation and Spatial Spillover in China

2021 ◽  
Vol 13 (15) ◽  
pp. 8146
Author(s):  
Bingyao Chen
Keyword(s):  
Economic Development ◽  
Infrastructure Investment ◽  
Economic Sustainability ◽  
Regional Economies ◽  
Input Output ◽  
Private Partnership ◽  
Spatial Spillover ◽  
Sustainable Economic Development ◽  
Output Efficiency ◽  
Industrial Heterogeneity

Public–private partnership (PPP), an innovative mode of infrastructure investment, has been widely applied in China and has become an essential policy tool with which to promote sustainable economic development. In order to comprehensively evaluate the economic consequences, using 31 provinces in China from 2003 to 2018 as samples, first, stochastic frontier analysis was performed to measure the input–output efficiency of infrastructure investment to evaluate the economic sustainability and efficiency of PPP compared to single government-led investment mode. Next, the overall economic growth effect of PPP was verified. Further, from the perspective of sustainable development of regional economies, the double-fixed effect spatial Durbin model was adopted to empirically test the spatial spillover effect of PPP and clarify its industrial heterogeneity. The results show the following. (1) The average input–output efficiency of infrastructure is 0.449, revealing a distribution law of decreasing from east to west and remarkable regional variation. However, a good trend of improvement emerged, reflecting the economic sustainability of infrastructure investment, and PPP has played a positive role in promoting it. (2) PPP has significant and positive economic growth and spatial spillover effects, which can promote regional economic integration, embodying its economic sustainability function. (3) The economic impact of PPP has significant industrial heterogeneity. Transportation PPP can bring greater economic benefits, confirming the vital position of transportation infrastructure in the sustainable development of regional economies. Energy and water PPPs have positive externalities. All of this provides powerful and reliable proof of the realization of sustainable economic development under the regional virtuous circle driven by infrastructure investment through PPP.

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