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학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
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- 2014.1
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The paper aims at contributing to the debate on conditional convergence across Chinese provinces by using the most recent techniques of dynamics panel data models. The analysis covers twenty-nine Chinese provinces from 1995 to 2009 and is based on the estimation of growth equations using system GMM estimator. Three main results can be drawn from our empirical investigations. First, investment in physical capital and education have played an important role in promoting economic growth. Second, the hypothesis of conditional convergence is verified over the period 1995-2009. Third, Chinese provinces have converged more quickly over their steady-state level during the period 2004-2009. Finally, we suggest that the acceleration of the speed of conditional convergence in the recent years may be a consequence of the implementation of regional development programs during the 2000s.
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참고문헌 (28)
참고문헌 신청
Arellano, M. / 1991 / Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations / Review of Economic Studies 58 (2) : 277 ~
Arellano, M. / 1995 / Another Look at the Instrumental Variable Estimation of Error-Components Models / Journal of Econometrics 68 (1) : 29 ~ 51
Aschauer, D. A. / 1990 / Is There a Shortfall in Public Capital Investment? / Is There a Shortfall in Public Capital Investment? Conference Series 34 : 69 ~ 103
Barro, R. J. / 1990 / Government Spending in a Simple Model of Endogenous Growth / Journal of Political Economy 98 (5) : 103 ~ 126
Barro, R. J. / 1991 / Convergence Across States and Regions / Brookings Papers on Economic Activity 1 : 107 ~ 158
Arellano, M. / 1995 / Another Look at the Instrumental Variable Estimation of Error-Components Models / Journal of Econometrics 68 (1) : 29 ~ 51
Aschauer, D. A. / 1990 / Is There a Shortfall in Public Capital Investment? / Is There a Shortfall in Public Capital Investment? Conference Series 34 : 69 ~ 103
Barro, R. J. / 1990 / Government Spending in a Simple Model of Endogenous Growth / Journal of Political Economy 98 (5) : 103 ~ 126
Barro, R. J. / 1991 / Convergence Across States and Regions / Brookings Papers on Economic Activity 1 : 107 ~ 158
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