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The transportation infrastructure represents the motivator of economic growth and social welfare through

improving production performances and investment performances for the private sectors. More
specifically, the construction of transportation infrastructure could reduce the travel cost, attract foreign
investment and expand trade of shared resources. In terms of the social overhead capital, transport
infrastructure plays a decisive role in industrialization and has obvious spillover effects on regional
innovation, factor reallocation and manufacturing productivity, which promote the aggregation of
industries, population and economy. this is often called the economic distributional effect. However, some
empirical studies have shown that the expansion of high-speed railway networks promotes the
development of central cities but causes the economic growth rate of prefecture-level cities along the rail
line to decline, which is referred to as the siphon effect. Although different results were found based on
various data sources or research objects, the empirical study is the most common and effective method to
identify the positive or negative effects of transportation infrastructures.

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