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LI Qing-rui, DU Jun, LU Yi. Panel data analysis of highway financing structure change in USA[J]. Journal of Traffic and Transportation Engineering, 2006, 6(2): 113-117.
Citation: LI Qing-rui, DU Jun, LU Yi. Panel data analysis of highway financing structure change in USA[J]. Journal of Traffic and Transportation Engineering, 2006, 6(2): 113-117.
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Panel data analysis of highway financing structure change in USA

  • School of Highway Engineering, Changsha University of Science and Technology, Changsha 410076, Hunan, China

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  • Author Bio:

    Li Qing-rui(1956-), male, doctoral student, 86-371-67166999, lqr@hntd.gov.com.cn

  • Received Date: 2005-11-24
  • Publish Date: 2006-06-25
    Abstract
  • In order to determine the factors that affect highway financing, a fixed effect model and a random effect model were built, the parallel data of 50 states in USA were examined by panel data regression method, the relationships between expressway financing structure and economic structure & population structure were analyzed. The result indicates that the influence of PGNP and population density on local government financing structure is more obvious than on state government, the subscribed capital proportions of 65% population and the male have significant time series effect on state government financing structure, the subscribed capital proportions of female users and highway non-users are gradually balanced. The study has practical significance and reference value to expressway financing during economic conversion period in China.

     

    • Zheng Jian-long(1954-), male, professor, 86-731-5219043, cslg@csust.edu.cn
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