Abstract: Taking the data of Anhui Province from 1994 to 2016, this paper empirically studies the relationship between the mileage of railway, highway and inland waterway and economic growth. The conclusion reveals: Co-integration relationship exists among the mileage of railway, highway, inland waterway and economic growth at the 5% critical level. Although the development of railway, highway and inland waterway has time lags effect on economic growth, all can promote the economic growth of Anhui Province, vice versa. But the effect for railway and waterway was larger than highway. Variance decomposition shows that railway has the largest contribution to economic growth, followed by the highway and inland waterway. The contribution of economic growth to the development of railway is larger than the other two, which shows that the economic growth in Anhui Province has further demand for the improvement of railway transportation capacity than highway and waterway

Key words: transportation infrastructure, economic growth, VAR model