The impact of transportation and information infrastructure on urban productivity: Evidence from 256 cities in China

Abstract

Improving total factor productivity is an important driving force for achieving high-quality economic development. Based on the panel data of 256 cities in China from 2009 to 2019, this paper investigates the effect of transportation and information infrastructure on urban productivity. The results show that transportation and information infrastructure promote urban productivity, and the effect in eastern regions and megacities is more obvious. The mechanism analysis shows that transportation infrastructure enhances urban productivity by promoting economic agglomeration, and information infrastructure enhances urban productivity by promoting labor mobility, economic agglomeration, financial agglomeration and industrial agglomeration. The spatial spillover effect shows positive spatial autocorrelation of urban productivity. Transportation and information infrastructure have significant positive spatial spillover effects on urban productivity. China should continue to promote the construction of transportation infrastructure, strengthen investment in information infrastructure, and promote the joint construction, sharing, coordination and integration of transportation and information infrastructure.