Author(s)

Ruiqi Dang, Xinyu Fang, Ping Xie

Corresponding Author

Ruiqi Dang

ABSTRACT

This paper investigates the impact of rural infrastructure construction on rural economic growth in Hunan Province from rural infrastructure construction in Hunan Province using panel data from 2001-2018 for each city and state in Hunan Province using a fixed-effects model, and tests the multiple cointegration problem and robustness of the model. The empirical results show that farmland water conservancy infrastructure and rural energy infrastructure have a significant positive impact on rural economic growth. And the rural transportation infrastructure construction represented by equal external roads (not meeting the requirements of grade roads, represented by country roads) has a suppressive effect on the rural economic growth. In this paper, in exploring the relationship between rural infrastructure construction and rural economic growth in Hunan Province, we propose relevant suggestions to continue to strengthen the construction of farmland water conservancy infrastructure and rural energy infrastructure to effectively drive rural economic growth, while actively maintaining and repairing rural roads and transforming them into graded roads that have a positive impact on economic growth, thus reducing transaction costs to promote rural economic growth.

KEYWORDS

Rural infrastructure development, Rural economic growth, A panel fixed effects model