Impact of Transport Infrastructure on Trade: Evidence from the Chinese Inland Provinces under “One Belt, One Road”

摘要

This paper discusses the impact of transport infrastructure on trades in the Chinese provinces directly affecting by “One Belt, One Road” initiative. That is why infrastructure is of significance in “One Belt, One Road” initiative and one of important purpose for initiative is to promote the unimpeded trade in China. In this paper, authors analyzed the impact of railways and highways which are the key elements of transport infrastructure on total value of exports and imports in the Chinese inland provinces directly affecting by “One Belt, One Road” and correlations between individual elements of transport infrastructure based on data from National Bureau of Statistics of China and from some articles related to “One Belt, One Road” and correlation and regression analysis methods. The conclusion is that railways, highways, and port have strong correlation with Gross Regional Products, and effects of elements of transport infrastructure are different among inland provinces af fected by “One Belt, One Road” and this needs rational management of transport infrastructure in promoting trade according to provinces.