Analysis of the Relationship Between Railway and Highway Transportation and China's Economic Development

Abstract

China has a vast land area and frequent interconnections between various regions. China's transportation industry is faced with tremendous pressure. This article combines China’s railway and highway transportation conditions to predict China’s economic development, uses stepwise regression to screen explanatory variables, and finally determines railway passenger turnover, road freight volume and passenger car ownership as the explanatory variables, and GDP as the dependent variable, and also analyzes China’s economic development by establishing a multiple regression model.