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PPP Mode and Coordinated Regional Development—Empirical Evidence from China

In: Ieis 2020

Author

Listed:
  • Bo-lu Wei

    (Beijing Jiaotong University)

  • Xuemeng Guo

    (Beijing Jiaotong University)

  • Zhuo-jun Wang

    (Beijing Infrastructure Investment Co., Ltd.)

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”.

Suggested Citation

  • Bo-lu Wei & Xuemeng Guo & Zhuo-jun Wang, 2021. "PPP Mode and Coordinated Regional Development—Empirical Evidence from China," Springer Books, in: Menggang Li & Gábor Bohács & Guowei Hua & Daqing Gong & Xiaopu Shang (ed.), Ieis 2020, pages 115-127, Springer.
    • Handle: RePEc:spr:sprchp:978-981-33-4363-4_9
    DOI: 10.1007/978-981-33-4363-4_9
    as

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