Research on Transportation Infrastructure Investment based on Economic Sustainable Development

2019 5th International Conference on Energy Materials and Environment Engineering

能源学;生态环境科学

Zhang, Yaoyao^1

School of Economics and Management, Beijing Jiaotong University, Beijing, China^1

关键词: Causality test;    Cointegration theories;    Economic development;    Economic sustainable development;    Production function;    Sustainable growth;    Time-series data;    Transportation infrastructures;   

Others  :  https://iopscience.iop.org/article/10.1088/1755-1315/295/2/012019/pdf
DOI  :  10.1088/1755-1315/295/2/012019

学科分类：环境科学（综合）

来源: IOP

【 摘 要 】

The article explored the influence of transportation infrastructure investment on economic sustainable development with time series data of 1981-2017. Additionally, the cointegration theory and Grainger causality test were applied to analyse the relationship between transportation infrastructure investment and economic sustainable growth based on the C-D production function model. The results show that the investment in transportation infrastructure still has a stable effect on promoting long-term and short-term economic development.