Exploring the determinants of investing in the capital assets of urban infrastructure in China
*Names in bold indicate Presenter
In this research, multivariable regression technique is adopted to study the correlation between urban infrastructure investment and the potential influential factors, such as demand for urban infrastructure service and governmental capability. Urban infrastructure system in this research includes the fixed network infrastructures except for electricity grid, because local government has less control on energy sectors in China. Demand on urban infrastructure service is measured by population and household income. Cities’ GDP and governmental size is used to indicate the governmental capability. The data of urban infrastructure capital formation from over 200 cities come from China Urban Construction Statistical Yearbook. Social and economic data are collected from Chinese City Statistical Yearbook. The results are expected to identify key factors influencing governmental investment in urban infrastructure in China, which provides empirical evidence on the topics related to governmental investment behavior.