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Type: Journal article
Title: Road to success? The effects of road toll on economic growth in China
Author: Chen, S.
He, X.
Citation: Applied Economics Letters, 2015; 22(2):158-162
Publisher: Taylor & Francis
Issue Date: 2015
ISSN: 1350-4851
Statement of
Shuo Chen and Xiaobo He
Abstract: This article examines the effects of road tolls on economic growth in China. Using a provincial panel data and pool mean group method, we find that a 1% rise in road tolls leads to 0.005% and 0.03% reduction in GDP growth and GDP per capita, respectively. Moreover, it shows that although more road tolls may contribute to financing local transportation networks, they hinder inter-regional trade thus result in more serious market segmentation.
Keywords: Toll roads; economic growth; pool mean group method; China
Rights: © 2014 Taylor & Francis
DOI: 10.1080/13504851.2014.931913
Appears in Collections:Aurora harvest 8
Economics publications

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