The Impact of Logistics Industry on China's Regional Economic Growth Based on Theil Index Analysis

摘要

This paper aims to investigate the impact of logistics industry on China's regional economic growth. In particular, the input-output relationships in the regions are analyzed based on the biodegradable nature of Theil index method. We find that there is a relatively small interaction effect between logistics industry and economic growth in three regions of China - the southern coast, the southwest and the northwest regions while there is a significant effect between logistics industry and economic growth in other regions. The results imply the limitation of the growth of logistics industry promoting the region development. This research contributes to further challenging by China in achieving a regionally balanced growth. It argues that the differences should not be ignored and gives suggestions on how to reduce the economic disparities.