Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/108514
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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 1466-4291 |
Statement of Responsibility: | 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 |
Published version: | http://dx.doi.org/10.1080/13504851.2014.931913 |
Appears in Collections: | Aurora harvest 8 Economics publications |
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RA_hdl_108514.pdf Restricted Access | Restricted Access | 332.34 kB | Adobe PDF | View/Open |
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