Zheng, Xinye; Li, Fanghua; Song, Shunfeng; Yu, Yihua - Volkswirtschaftliche Fakultät, … - 2013
This study employs spatial panel techniques to examine determinants of regional allocation of infrastructure investment … empirical findings. First, there exist substantial spatial interactions of central government's investment across regions …. Second, the central investment exhibits a highly persistent effect. Third, the central government attempts to balance equity …