Study on the Effects of New Infrastructure Construction on the High-Quality Economic Development
Based on the calculation of high-quality economic development in various regions,this paper empirically tests the impact of new infrastructure construction on the high-quality development of China's economy and its spatial effects.The results show that:Firstly,the construction of new infrastructure can significantly promote the growth of total factor productivity,and therefore achieve high-quality economic growth.Secondly,the new infrastructure construction is to achieve high-quality economic development of China by influencing market integration,upgrading of industrial structure,and innovation-driven development.Thirdly,the new infrastructure construction not only benefits the improvement of the total factor productivity in the region,but also has a positive spatial spillover effect on the total factor productivity of surrounding areas.
new infrastructure investmenthigh-quality economic developmentsystem GMMdynamic space panel