Author(s)

Zhongyi Li ¹, Shuaiqi Wang ¹

Affiliation(s)

¹ Shandong Women’s University, Economy University, Jinan, Shandong, China

Corresponding Author

Zhongyi Li

ABSTRACT

The 19th National Congress of China put forward the major strategic decision of "transportation power", Shandong Province took the lead in pilot work under this background. This paper examine the impact of land transportation construction on foreign trade in Shandong Province using the time series of Shandong Province from 1999 to 2020 to. The correlation test is conducted by ADF test, cointegration test, Granger causality test and impulse response function based on the construction of the VAR model. The empirical results show that there is a long-term equilibrium relationship between land transport construction and foreign trade, and there is a two-way Granger causality between them. Compared with railway construction, road traffic construction has a greater effect on trade promotion. The research results provide empirical evidence from different perspectives for the relevant research of land transport construction, and also have important practical significance for China to promote high-quality trade development.

KEYWORDS

Foreign Trade, Land Transportation Construction, Highway Construction, Railway Construction, Co-integration Test

CITE THIS PAPER

Zhongyi Li, Shuaiqi Wang, Land Transportation Construction and Foreign Trade: Take Shandong Province of China as an Example. Frontiers in Traffic and Transportation Engineering (2022) Vol. 2: 20-28. DOI: http://dx.doi.org/10.23977/ftte.2022.020104.

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