Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/159521
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dc.contributor.authorWang, Zhifengen_US
dc.contributor.authorWu, Laura Guiyingen_US
dc.contributor.authorFeng, Quen_US
dc.date.accessioned2022-06-27T05:12:54Z-
dc.date.available2022-06-27T05:12:54Z-
dc.date.issued2020-
dc.identifier.citationWang, Z., Wu, L. G. & Feng, Q. (2020). Productivity of core infrastructure investment in China: an input–output approach. The World Economy, 43(12), 3384-3406. https://dx.doi.org/10.1111/twec.13014en_US
dc.identifier.issn0378-5920en_US
dc.identifier.urihttps://hdl.handle.net/10356/159521-
dc.description.abstractThis paper examines the productivity effect of two categories of core infrastructure investment in China, by matching a panel of manufacturing firm-level production data with province-level infrastructure investment data. Cross-industry variation in infrastructure reliance using input–output table information is employed to address potential endogeneity issues. We find that firms in an industry that relies more heavily on infrastructure in production experience higher productivity growth from more infrastructure investment. On average, the annual rate of return to core infrastructure investment in China is about 23% during 1998–2007.en_US
dc.description.sponsorshipMinistry of Education (MOE)en_US
dc.language.isoenen_US
dc.relationM4011642en_US
dc.relation.ispartofThe World Economyen_US
dc.rights© 2020 John Wiley & Sons Ltd. All rights reserved.en_US
dc.subjectSocial sciences::Economic developmenten_US
dc.titleProductivity of core infrastructure investment in China: an input–output approachen_US
dc.typeJournal Articleen
dc.contributor.schoolSchool of Social Sciencesen_US
dc.identifier.doi10.1111/twec.13014-
dc.identifier.scopus2-s2.0-85089856565-
dc.identifier.issue12en_US
dc.identifier.volume43en_US
dc.identifier.spage3384en_US
dc.identifier.epage3406en_US
dc.subject.keywordsInfrastructureen_US
dc.subject.keywordsProductivityen_US
dc.description.acknowledgementFinancial support from the MOE AcRF Tier 1 Grant M4011642 at Nanyang Technological University is gratefully acknowledged.en_US
item.fulltextNo Fulltext-
item.grantfulltextnone-
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