Download or read book China s Transport Infrastructure Investment written by Yu Qin and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has been heavily investing in transportation infrastructure since the 1990s. Consequently, connectivity has been significantly improved, both within China and between China and other countries. Such large-scale investments have been made possible by various financing mechanisms from the central government, local governments, and the private sector. Research findings generally indicate that these infrastructure investments bring economic prosperity to the country, affect the distribution of economic activities, reduce poverty to a certain extent, and promote economic integration. The future trends of connectivity changes in China and relevant policy recommendations are also discussed in this paper.
Download or read book Transport Infrastructure Investment Options for Efficiency written by International Transport Forum and published by OECD Publishing. This book was released on 2008-02-14 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines key principles that should be considered by governments in deciding how to provide and pay for surface transport infrastructure, with a view to best serving societies’ needs and employing public resources.
Download or read book Transport Infrastructure City Productivity Growth and Sectoral Reallocation Evidence from China written by Yang Yang and published by International Monetary Fund. This book was released on 2018-12-11 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between cities in China. To do so, I construct a unique dataset of bilateral transportation costs between Chinese cities, digitized highway network maps, and firm-level census. I first derive and estimate a market access measure that summarizes all direct and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal impact of highways on economic outcomes and the underlying channels. The results suggest that highways promoted aggregate productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to a sectoral reallocation between cities in China.
Download or read book The Development Dimension Road and Rail Infrastructure in Asia Investing in Quality written by OECD and published by OECD Publishing. This book was released on 2018-10-06 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Road and Rail Infrastructure in Asia: Investing in Quality discusses the challenges facing the region and possible policy options, including those previously or currently used in Emerging Asian countries, with reference to the experiences of OECD member countries.
Download or read book Belt and Road Economics written by World Bank and published by World Bank Publications. This book was released on 2019-08-16 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: China proposed the Belt and Road Initiative in 2013 to improve connectivity and cooperation on a transcontinental scale. This study, by a team of World Bank Group economists led by Michele Ruta, analyzes the economics of the initiative. It assesses the connectivity gaps between economies along the initiative’s corridors, examines the costs and economic effects of the infrastructure improvements proposed under the initiative, and identifies complementary policy reforms and institutions that will support welfare maximization and mitigation of risks for participating economies.
Download or read book China s High Speed Rail Development written by Martha Lawrence and published by World Bank Publications. This book was released on 2019-06-24 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, China has built 25,000 km of dedicated highspeed railway—more than the rest of the world combined. What can we learn from this remarkable experience? China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail. The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing. Traffic on China’s high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers. One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results. Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density.
Download or read book Transportation Infrastructure Investment and Low U S Growth written by Julio J. Rotemberg and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
Download or read book Strategic Transport Infrastructure Needs to 2030 written by OECD and published by OECD Publishing. This book was released on 2012-02-27 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transcontinental Infrastructure Needs to 2030/50 explores the long-term opportunities and challenges facing major gateway and transport hub infrastructures -- ports, airports and major rail corridors – in the coming decades.
Download or read book High Speed Rail and China s New Economic Geography written by Zhenhua Chen and published by Edward Elgar Publishing. This book was released on 2019 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting an analytical approach to assessing the socioeconomic impact of high speed rail in China, and using a multilevel spatial analysis approach at both the national and the regional level, this book emphasizes capturing the spatial spillover effects of rail infrastructure development on China’s economic geography in terms of land use, housing market, tourism, regional disparity, modal competition, the economy and environment.
Download or read book The Development Dimension Enhancing Connectivity through Transport Infrastructure The Role of Official Development Finance and Private Investment written by OECD and published by OECD Publishing. This book was released on 2018-08-31 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport infrastructure is crucial to connect developing countries and help them to boost trade, growth and regional integration. This is because cross-border or long-distance roads and railways as well as international ports and airports are needed to move products and people around in a ...
Download or read book The Role of Infrastructure Investment Location in China s Western Development written by Xubei Luo and published by . This book was released on 2016 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development of the western region is vital to the balanced growth of China. Luo studies the impacts of infrastructure investment that may most efficiently alleviate the burden of geographical remoteness of the West.Having constructed the quot;adjusted distancequot; to approximate the transport cost, which takes into account the effects of real distance and infrastructure development, the author defines the quot;peripheral degreequot; to measure the effective remoteness of a province to an economic center. Using panel data for 1979-99 from the Chinese provinces, she shows that geographic attractiveness plays a significant role in a Solow-type growth determination model. Given the invariability of pure geographic position, progress in transportation facilities is essential to reduce the geographic handicap and to encourage the catching-up of the western region.The author's simulation results show that the central transportation hubs (Hubei, Henan, and Hunan) merit most infrastructure investments, for they favor the development of many provinces, if regional balanced growth is considered as the prime objective. In particular, improvement in the transportation facilities in central hubs will have greater effects on western development than that in the western region by itself. Improvements in the transportation facilities of the central hubs substantially improves the geographic attractiveness of the western region by reducing the transport cost from the West to the Coast and by promoting the emergence of new economic centers in such hubs, which tends to modify the national economic geographic structure.This paper is a product of the Office of the Vice President and Chief Economist, Development Economics, and the International Trade Department, Poverty Reduction and Economic Management Network.
Download or read book Rural Transition and Transport in China written by Pengjun Zhao and published by Springer Nature. This book was released on 2022-12-05 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the rural transition and transportation in China. It covers demographic change, settlement transformation, and infrastructure development in rural areas, as well as changes in transportation expenditures, travel behavior, and accessibility of basic public services among rural Chinese residents. The book contributes to the new body of knowledge from an international perspective in three ways. First, it explores the changes in travel behavior of rural residents and related factors. Second, it provides new evidence on the relationship between rural social transformation and transportation infrastructure development. Third, it discusses the impact of transportation investments on rural poverty reduction. The book enhances our understanding of the changes in travel behavior of rural residents. In particular, the results of the multi-source big data analysis will provide new evidence on the link between social transformation and changes in travel behavior in rural China. It also helps planners and politicians to develop policies aimed at improving quality of life, rural poverty, and the efficiency of transportation investments in rural areas. The book is of great interest to scholars interested in rural transformation and development, sustainable transport, regional planning, and environmental policy and is relevant to China and other developing countries.
Download or read book How China s Silk Road Initiative is Changing the Global Economic Landscape written by Yuan Li and published by Routledge. This book was released on 2019-08-28 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s New Silk Road initiative constitutes one of the most ambitious projects in recent decades designed to change the pattern of the global economic division of labour as well as the geostrategic balance of power. It has the potential to create a new fabric of industrial value creation that links China and East Asia via Central and South Asia with Europe, and to forge new regional and multilateral institutions that complement or compete with existing regional and global governance systems. First proposed in 2013, the new initiative is only now starting to be rolled-out, with trade relations gradually intensifying, and the first investment projects and infrastructure clusters becoming manifest. However, the full impact of the evolving new regional value chains on global goods flows, investment activity, supra-national institution building, as well as their wider international implications, remains undetermined. This book brings together leading scholars from economics, political science and area studies, who present the latest cutting-edge knowledge and the latest state-of-the-art economic and political analysis on how the new initiative is developing and likely to develop.
Download or read book China s Belt and Road Initiative written by Simeon Djankov and published by Peterson Institute for International Economics. This book was released on 2016-03-02 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's commercial ties with the outside world have long been symbolized by the ancient Silk Road, which began as a tortuous trading network of mountain paths and sea routes that provided a lifeline for the Chinese economy. Now the leadership in Beijing is reviving the concept with an ambitious plan to build and upgrade highways, railways, ports, and other infrastructure throughout Asia and Europe designed to enrich the economies of China and some 60 of its nearby trading partners. The so-called Belt and Road Initiative has generated enthusiasm and high hopes but also skepticism and wariness. And as big as China's ambitions are, many obstacles stand in the way. In this volume of essays edited by Sean Miner and Simeon Djankov, PIIE experts analyze the initiative's opportunities for China and the world, along with the logistical problems and political, economic, and security implications that have generated concerns.
Download or read book Blue Routes for a New Era written by Bernard Aritua and published by World Bank Publications. This book was released on 2021-06-11 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can countries revive inland waterway transportation? A study of how and why China improved its inland waterways for transportation can be informative for other countries, providing relevant insights and valuable lessons.
Download or read book Heterogeneous Effects of Inter and Intra City Transportation Infrastructure on Economic Growth written by Yang Chen and published by . This book was released on 2015 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: The heterogeneous output effects of inter-city and intra-city transportation infrastructure in China are examined using 219 prefecture-level city data from 1999 to 2012. Using the panel fully-modified OLS analysis, we find that at the Chinese prefecture-level city the estimated contribution rate for highways ranges from 8.3-11.7% compared to 4.2-7.7% for railways and 5.8-7.5% for public roads without controlling for the effects of fiscal stimulus package in 2009 and 2010. With this package in effect, the contribution rate of public road network increases by 2.1% and that for highways decreases by 4.6% on average. We also provide empirical evidence for the unbalanced transport infrastructure development across regions and in three economic zones. It is shown that the eastern region should prioritize the intra-city infrastructure investment to alleviate the negative influence of within city congestion even though the economic impact of highway investment is the largest; while the economic growth of western region of China relies heavily on railway development and the middle area depends more on highway infrastructure investment.
