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Causality between logistics infrastructure and economic development in China

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  • Wang, Chao
  • Kim, Yul-Seong
  • Kim, Chi Yeol

Abstract

Since the economic reform in 1978, the Chinese economy has grown at a remarkable pace in the past few decades. Among a plethora of factors contributing to the growth of China, this paper pays a particular attention to the logistics infrastructure that is widely cited as a major catalyst for economic development of a country. The causal relationship between the logistics infrastructure and the economic development in China for the period 2000–2017 is examined under the Vector Autoregressive (VAR) and the Vector Error Correction Model (VECM) frameworks. This study documents the long-run equilibrium between the logistics infrastructure and the economic development in China and causality, in general, running from the former to the latter. Especially, it is also found that the infrastructure related to maritime transport plays a key role in promoting the Chinese economy and international trade.

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  • Wang, Chao & Kim, Yul-Seong & Kim, Chi Yeol, 2021. "Causality between logistics infrastructure and economic development in China," Transport Policy, Elsevier, vol. 100(C), pages 49-58.
    • Handle: RePEc:eee:trapol:v:100:y:2021:i:c:p:49-58
    DOI: 10.1016/j.tranpol.2020.10.005
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    4. Changbing Jiang & Jiaming Xu & Shufang Li & Xiang Zhang & Yao Wu, 2022. "The Order Allocation Problem and the Algorithm of Network Freight Platform under the Constraint of Carbon Tax Policy," IJERPH, MDPI, vol. 19(17), pages 1-27, September.
    5. Heng Chen & Yan Zhang, 2022. "Research on the Path of Sustainable Development of China’s Logistics Industry Driven by Capital Factors," Sustainability, MDPI, vol. 15(1), pages 1-26, December.
    6. Chao Wang & Yongheng Gu & Fei Ma & Yongping Li, 2022. "Extreme Weather Influence on Carbon Emissions in Chinese Urban Traffic Environments," SAGE Open, , vol. 12(3), pages 21582440221, August.
    7. Syed Abdul Rehman Khan & Zhang Yu & Muhammad Umar & Hafiz Muhammad Zia‐ul‐haq & Muhammad Tanveer & Laeeq Razzak Janjua, 2022. "Renewable energy and advanced logistical infrastructure: Carbon‐free economic development," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(4), pages 693-702, August.
    8. Huang, Qingbo & Zhang, Xiaohan & Li, Yan, 2023. "Study on the economic effects of China and ASEAN countries from the New International Land-Sea Trade Corridor," Transport Policy, Elsevier, vol. 139(C), pages 123-135.
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