The Impact of Specific Mode of Transportation Infrastructure on Return Value Added
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Yuan Qigang, Li Jiajie and Xu Tongtong
From the perspective of return value added and combined with specific mode of transportation infrastructure, this paper uses the world input-output table from WIOD to calculate the impact of specific mode of transportation infrastructure on return value added of China's export. The results show that: (1) the infrastructure construction of road, railway, sea and air transportation all have significant influence on the value added of return in export. (2) After distinguishing the quality and quantity indicators, it is found that the quantity indicators of highway, railway and marine infrastructure have a significant impact on the returned value added in exports; however, the quality and quantity indexes of air transport have a negative effect on the value added returned from exports. (3) After distinguishing export target countries, it is found that the improvement of transportation infrastructure quality in high-income countries has a significant effect on the added value returned, while the improvement of transportation infrastructure quantity in middle-income countries has a significant effect on the added value returned.
Transportation Infrastructure; Trade Business Accounting; Return Value Added; Production Function