Highway links benefit businesses, unless they are based outside cities

There is a Chinese proverb: “If you want to be rich, build roads first; if roads are open, all businesses will flourish.” Many studies have shown that the construction of transportation infrastructure has played an important role in China’s social and economic development. However, few studies have focused on how construction impacts enterprise efficiency and macroeconomic growth on a regional basis.

This post was originally published on this site

The Owl Picks