PPP Mode and Coordinated Regional Development—Empirical Evidence from China

Bo-lu Wei (), Xuemeng Guo () and Zhuo-jun Wang ()
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Bo-lu Wei: Beijing Jiaotong University
Xuemeng Guo: Beijing Jiaotong University
Zhuo-jun Wang: Beijing Infrastructure Investment Co., Ltd.

A chapter in IEIS 2020, 2021, pp 115-127 from Springer

Abstract: Abstract Based on China's provincial panel data from 2000 to 2017, this paper investigates the role of infrastructure investment using PPP mode in promoting regional economic development. The study found that the PPP mode significantly promoted China’s economic growth by breaking administrative monopolies and alleviating resource mismatches. Furthermore, after considering the influence of regional attributes, we find that the PPP mode can no longer significantly promote economic growth in eastern China. However, it can significantly boost economic growth in the central and western regions. The research provides enlightenment on how to develop the economy under the “new normal”.

Keywords: Infrastructure investment; PP; Economic growth; Regional attributes (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-33-4363-4_9

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DOI: 10.1007/978-981-33-4363-4_9

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