China Region Economic Growth Convergence and Its Mechanism
We make cluster analysis on twenty-nine provinces or municipalities directly under the Central Government,divide them into three regions according to their economic structure,and then we make Barro regression to test China regional economic growth convergence.It indicates that there is no absolute βconvergence but a significant club convergence,namely there is a conditional convergence in the poorer region group and the richer group but not between them,even not in the Region Ⅱ of middle economic level.This is different from the previous results about the east,the west and the middle regions.Convergence mechanisms of the neo-classical growth theory and the new growth theory are both found in the Region Ⅰ and the Region Ⅲ.The convergence resulting from technology transfer in Region Ⅰ is slower than that in the Region Ⅲ due to the differences between learning methods of these two regions in the process of learning technology.
National economics Club convergence Cluster analysis Barro regression Panel data
Xu Hongfan Liu Duan
School of Management,China University of Geosciences(Wuhan),Wuhan,Hubei,430074 P.R.China Management School,Hunan University,Changsha,Hunan,410082,P.R.China
国际会议
2006 International Conference on Management Science and Engineering(2006管理科学与工程国际学术研讨会)
武汉
英文
107-111
2006-11-08(万方平台首次上网日期,不代表论文的发表时间)