Chen, Shuo; He, Xiaobo - In: Applied Economics Letters 22 (2015) 2, pp. 158-162
This article examines the effects of road tolls on economic growth in China. Using a provincial panel data and pool mean group method, we find that a 1% rise in road tolls leads to 0.005% and 0.03% reduction in GDP growth and GDP per capita, respectively. Moreover, it shows that although more...