Relationship Between Transport and Economic Development in Hubei Province
Journal: Advanced Management Science (AMS)
Author: Yewang Zhou
This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited
The essay introduces the present situation of transport investment and economic development of Hubei Province, from macroscopic and microscopic analysis of highway traffic impact on economic development, which points out highway transportation not only promote regional economic output but also to strengthen foreign economic ties, adjust industrial structure and promote urbanization. By constructing econometric model which concluded that: there is a significant relationship between the highway traffic in Hubei Province and economic development. This essay gives a suggestion of rationally programming the highway transportation network in Hubei Province and improving the level of transportation management, harmonizing development of economy under making full use of features of regional resources.