Abstract

The expressway is an important pillar of economic development and has a significant impact on the transformation of regional industrial structure. This study analyzes the optimization of the industrial structure and spatial distribution of three industries using relevant statistical data from Sichuan Province, China. It also assesses the influence of expressways on the change in industrial structures using a difference-in-differences model. The results indicate that regions with well-developed expressway networks generated high-added value for the three industry sectors. The introduction of expressways upgraded the industrial structure of mountainous regions with rich tourism resources, increasing the added value of the tertiary industry and constricting the secondary industry. While aiding the overall development of the regional economy, expressways optimized the industrial structure and guided the transformation of the secondary industry, along with the development of the tertiary industry. Similarly, the private-sector economy also developed rapidly owing to the introduction of expressways. This study would serve as a useful reference for studying the relationship between expressways and regional economic development.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.