Abstract
Based on China's provincial panel data from 2000 to 2017, this paper investigates the role of infrastructure investment using PPP mode in promoting regional economic development. The study found that the PPP mode significantly promoted China’s economic growth by breaking administrative monopolies and alleviating resource mismatches. Furthermore, after considering the influence of regional attributes, we find that the PPP mode can no longer significantly promote economic growth in eastern China. However, it can significantly boost economic growth in the central and western regions. The research provides enlightenment on how to develop the economy under the “new normal”.
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Acknowledgements
Funding for National Natural Science Foundation “Research on Performance Evaluation System of urban rail transit PPP mode based on resource “passenger-value flow”” (71973009).
Funding for Fundamental Research Funds for the Central Universities “Research on Local Government Financing Platform, Behavior Decision of Local Government’s Choice of PPP Financing Mode, and Economic Growth” (2019YJS064).
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Wei, Bl., Guo, X., Wang, Zj. (2021). PPP Mode and Coordinated Regional Development—Empirical Evidence from China. In: Li, M., Bohács, G., Hua, G., Gong, D., Shang, X. (eds) IEIS 2020. Springer, Singapore. https://doi.org/10.1007/978-981-33-4363-4_9
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DOI: https://doi.org/10.1007/978-981-33-4363-4_9
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