On the reverse causality between output and infrastructure : the case of China

• Main Authors: Feng, Qu, Wu, Laura Guiying
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2020
• Subjects: Social sciences::Economic development; Infrastructure; Productivity
• Online Access: https://hdl.handle.net/10356/137312
• Institution: Nanyang Technological University

After the 2008 global financial crisis, promoting public infrastructure investment as a growth engine has been revived by economists. China has been considered as such a successful example of enhancing economic growth by massive infrastructure investments in the past decades. However, the literature...