Research on the relationship between the allocation of highway resource and the development of regional economy in Shanxi Province—based on Granger causality test
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DOI: 10.25236/ACEPMB.2019.037
Author(s)
Zhang Yidi,Chen Peihong
Corresponding Author
Zhang Yidi
Abstract
Transportation is an important basic industry related to national economy and people's livelihood. To explore the relationship between the allocation of highway resource and the development of regional economy in Shanxi Province, this paper reviews relevant researches on the relationship between transportation and regional economic development at home and abroad firstly. And then this paper analyzes the relationship between the allocation of highway resource and the development of regional economy in Shanxi Province preliminarily based on the relevant literature and research results. After that, based on the Granger causality test, the results of the theoretical analysis were verified by using specific data and rigorous econometric analysis. Based on the test results, this paper analyzes the efficiency of the highway resource allocation in Shanxi Province. Finally, based on the status quo of development in Shanxi Province, some suggestions are put forward to optimize the allocation of highway resources in Shanxi Province based on the relationship between the allocation of road resources and the development of regional economy.
Keywords
The allocation of highway resource; The development of regional economy; Shanxi Province; Granger causality test