An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth

In this paper, using the panel data of the National Bureau of Statistics database from 2010 to 2019, and using the random effect model, we studied the impact of agricultural infrastructure investment on economic growth. The empirical results show that the investment in agricultural infrastructure ca...

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Main Author: Ran Liu
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_01004.pdf
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author Ran Liu
author_facet Ran Liu
author_sort Ran Liu
collection DOAJ
description In this paper, using the panel data of the National Bureau of Statistics database from 2010 to 2019, and using the random effect model, we studied the impact of agricultural infrastructure investment on economic growth. The empirical results show that the investment in agricultural infrastructure can significantly improve the national economy, among which the investment in new infrastructure promotes the economic growth to a certain extent. After comparing the eastern, central and western regions, it is found that the investment in agricultural infrastructure in the western region contributes more to the economic growth, and the statistical results are more significant. Based on the analysis of the role of agricultural infrastructure investment in promoting economic growth, this paper will further discuss the relevant suggestions of the “two new and one heavy” policy in the agricultural field, and promote the adjustment of agricultural industrial structure with the improvement of agricultural infrastructure, and promote the formation of a new development pattern of “double circulation”.
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spelling doaj.art-8a63310168a44219beeed352507cdf542022-12-21T21:32:23ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012750100410.1051/e3sconf/202127501004e3sconf_eilcd2021_01004An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic GrowthRan Liu0Hainan Normal University School of Economics and ManagementIn this paper, using the panel data of the National Bureau of Statistics database from 2010 to 2019, and using the random effect model, we studied the impact of agricultural infrastructure investment on economic growth. The empirical results show that the investment in agricultural infrastructure can significantly improve the national economy, among which the investment in new infrastructure promotes the economic growth to a certain extent. After comparing the eastern, central and western regions, it is found that the investment in agricultural infrastructure in the western region contributes more to the economic growth, and the statistical results are more significant. Based on the analysis of the role of agricultural infrastructure investment in promoting economic growth, this paper will further discuss the relevant suggestions of the “two new and one heavy” policy in the agricultural field, and promote the adjustment of agricultural industrial structure with the improvement of agricultural infrastructure, and promote the formation of a new development pattern of “double circulation”.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_01004.pdf
spellingShingle Ran Liu
An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth
E3S Web of Conferences
title An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth
title_full An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth
title_fullStr An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth
title_full_unstemmed An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth
title_short An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth
title_sort empirical study on the effect of agricultural infrastructure investment on economic growth
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_01004.pdf
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