• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Quaterly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Managing Editor: Ms. Inez. Chan

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HOME > Archive > 2024 > Volume 15 Number 1 (2024) >
IJTEF 2024 Vol.15(1): 1-8
DOI: 10.18178/ijtef.2024.15.1.762

Has the Development of Inter-Provincial Transportation Infrastructure Improved the Construction of China’s Unified Market?

Xueyan Wang
School of Economics and Business Administration, Chongqing University, Chongqing, China
Email: wangxueyan@cqu.edu.cn (X.W.)

Manuscript received October 30, 2023; revised December 12, 2023; accepted December 28, 2023; published January 16, 2024

Abstract—With the implementation of regional development policies in recent years, transportation infrastructure has greatly promoted regional economic development, but what impact it has on the construction of market integration in the local and surrounding regions has not been specifically answered. Based on the provincial panel data of China from 2010 to 2021, this paper uses the spatial panel method to study the impact of transportation infrastructure development and the construction of national unified market and its spatial spillover effects. The empirical results show that there is significant spatial auto-correlation between inter-provincial transport infrastructure and market integration. Railway density plays a greater role in promoting the national unified market. The government expenditure and foreign direct investment play a positive role in promoting the construction of a unified national market, while the dependence of foreign trade inhibits the development of market integration. In the analysis of spatial spillover effects, the direct effect of railway density is significantly higher than that of highway. The government should strengthen the quality and efficiency of railway transportation, promote the scale of foreign direct investment of enterprises, and actively promote the construction of national unified market.

Keywords—national unified market, transportation infrastructure, spatial spillover effects, spatial durbin model

Cite: Xueyan Wang, "Has the Development of Inter-Provincial Transportation Infrastructure Improved the Construction of China’s Unified Market?," International Journal of Trade, Economics and Finance vol.15, no.1, pp. 1-8, 2024.


Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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