Regional economic performance in China

A. Bhalla, Shujie Yao, Zongyi Zhang
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引用次数: 44

Abstract

This paper investigates convergence patterns among China's provinces using GDP data for the period 1952-97. We analyze convergence behaviour on the basis of Markov chains proposed by Quah (1993) and the generalized entropy decomposition proposed by Shorrocks (1980, 1984). Both sets of results show similar evidence of convergence within the pre-defined geo-economic sub-regions, but no evidence is found of convergence between the sub-regions. This finding has important policy implications for regional economic development in China. Copyright (c)The European Bank for Reconstruction and Development, 2003.
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中国区域经济表现
本文利用1952- 1997年的GDP数据研究了中国各省间的趋同模式。我们在Quah(1993)提出的马尔可夫链和Shorrocks(1980,1984)提出的广义熵分解的基础上分析收敛行为。两组结果都显示了预定义地缘经济子区域内趋同的相似证据,但没有发现子区域之间趋同的证据。这一发现对中国区域经济发展具有重要的政策意义。版权所有(c)欧洲复兴开发银行,2003。
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期刊介绍: Economics of Transition publishes high-quality, refereed articles on the economics of structural transformation, institutional development, and growth. It presents innovative theoretical work and econometric analyses of the process of economic reform and its macroeconomic effects. The journal aims to promote new thinking on how institutions and institutional change can be analyzed and measured and how their impact on aggregate economic performance can be evaluated.
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