Abstract

The transportation industry is the basic and leading industry of the national economy, and it is an important pillar of the national economy. The freight transportation is an important part of the transportation and plays an important role in the economic development. At the same time, the development of freight transport itself is also affected by the economy. Therefore, this paper studies the relationship between cargo transportation and economic growth, and explores the internal relationship and law between them, so as to provide reference for the development of cargo transportation and the growth of national economy. This paper selects the freight volume and GDP indicators of 31 provinces and cities in China from 1993 to 2018, and discusses the development trend of GDP and freight volume from the perspective of provinces and cities. The results are as follows: 1. Freight volume and GDP showed an upward trend from 1993 to 2018, but the growth of freight volume was slower than that of GDP. 2. There is a co integration relationship between GDP and freight volume, and the national GDP increases by 0.954% for every 1% increase in freight turnover. 3. There are differences in the driving effect of freight volume in typical regions and provinces.

Highlights

  • Since the reform and opening up, China's economy has made rapid development, the economic upsurge has led to the rise of transportation industry, in which the freight transportation has made a great leap

  • The results show that the mutual promotion of economic development and transportation is not the same, that is, the driving effect of transportation on economy is stronger than that of economic evelopment on transportation

  • This paper first analyzes the trend of gross domestic product (GDP) and freight volume of each province, and finds that with the passage of time, the GDP and freight volume of all provinces and cities show an upward trend, but the rising range is not the same among different provinces and cities

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Summary

Introduction

Since the reform and opening up, China's economy has made rapid development, the economic upsurge has led to the rise of transportation industry, in which the freight transportation has made a great leap. The volume of freight transportation is closely related to the development of national economy, which is an important basis for measuring the development and change of China's macroeconomy. Freight volume can fully reflect the level of economic development. According to the relevant data of freight volume and gross domestic product (GDP) released by the National Bureau of statistics from 1993 to 2018, it can be concluded that the trend of China's freight volume and economic growth is generally similar, and there is a certain coupling relationship between them. Does the transportation of goods have a positive driving effect on the economic development of provinces? Does it have the same coupling relationship and greater driving effect with typical regions such as Yangtze River Delta, Pearl River Delta and Northeast China? Does the transportation of goods have a positive driving effect on the economic development of provinces? If so, what is the driving effect? Does it have the same coupling relationship and greater driving effect with typical regions such as Yangtze River Delta, Pearl River Delta and Northeast China? In this paper, the above issues will be explored in depth

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