Infrastructure and Regional Development in the People's Republic of China
 This paper investigates the relationship between infrastructure and rural economic development. It begins by reviewing the progress of Chinese economic and rural reform and analyzes the challenges faced by the government of the People's Republic of China (PRC). Then, based on the review, an endogenous growth model is created to show the channel and mechanism of public infrastructure impacting production and consumption. Next, an empirical study is carried out in order to identify the role of different kinds of infrastructure in rural development. The paper also discusses the interaction between institutional arrangement (soft infrastructure) and hard infrastructure. Finally, some suggestions and implications beneficial to the rural development of the PRC are drawn from theoretical and empirical studies.
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Comment(s)
There are [1] comment(s) for this entry. Post a comment. - karina
(posted 19 September 2007 / 11:53:59 AM)
Good research, very useful... this helped me make material modules for my students. Thank you.
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The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
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