Regional Economic Development and Transportation Resources Allocation in China

Abstract

In this paper, 2015 cross-sectional data of 31 provinces and cities in China are used to verify the coordinated relationship between transportation resource allocation and regional economic development. This paper establishes an evaluation index system and model for regional economic development and allocation of transportation resources. The comprehensive level of regional economic development and regional transportation resource allocation were evaluated and ranked respectively by the principal component analysis and entropy method. Then, the Euclidean distances are calculated for each of the two systems in each region to examine the coordination of economic development and allocation of transportation resources. Based on the scoring of the two systems, the linear equations are fitted with the allocation of regional transportation resources and the level of regional economic development as independent variables to quantify the degree of influence between the two systems. The empirical results show that there is a close relationship between the allocation of regional transportation resources and economic development, and the two have a certain degree of coordination. However, there are significant differences in the degree of coordination between different regions. In view of the uncoordinated traffic resources allocation and regional economic development, this paper also put forward corresponding countermeasures and suggestions.