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- W388209833 abstract "China shows marked inequality in regional income and has registered quite differing regional growth since introducing reform and opening policies. The comparison of 30 sample-provinces growth performance over 1978 to 2000 develops a way to distinguish these regions into three groups: Traditional Advanced Regions (TARs), New Advanced Regions (NARs) and Less Developed Regions (LDRs). This paper provides empirical evidence for understanding the catch-up and convergence among regions within China by means of two approaches: the cross-section test and the unit-root test. The result of the former test shows that regions in China do not present “absolute β-convergence” nor “σ-convergence” but present “conditional β-convergence”. In detail, the regional growth is positively related to the fraction of products originating from Non-State-Owned Enterprises (NSOEs), the rate of Foreign Direct Investment to gross provincial product (GPP), the regional level of per capita export, and the interregional income transfer, but negatively related to the share of local government expenditure in GPP. The unit-root test fails to reject the null hypothesis, that is, no convergence existed for 18 provinces, in which one province belongs to the TAR group, one belongs to the NAR group and 16 provinces belong to the LDR group. This paper presents empirical evidence showing that there was a good deal of “catch-up” between NARs and TARs within a national framework of “divergence” due to the growth performance of LDRs in the post reform and opening era. Policies with regionally heterogeneous characteristics are indicated to be powerful enough to influence regional economic structure, so as to influence their growth patterns." @default.
- W388209833 created "2016-06-24" @default.
- W388209833 creator A5087078574 @default.
- W388209833 date "2005-09-01" @default.
- W388209833 modified "2023-09-24" @default.
- W388209833 title "Catch-up and regional disparity in economic growth : an empirical evidence of the convergence hypothesis in China case" @default.
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- W388209833 doi "https://doi.org/10.18999/forids.30.35" @default.
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