Fifty-Seven Years of Regional Growth in China:Convergence and Comparative Analysis

摘要

This paper constructs and analyses a provincial basis panel data in China, with a long run phase from the Communist Revolution in 1952 to the recent 2008, as well as several middle and short run phases during these 57 years. To measure the disparities, we mainly employ neoclassical growth theory and Solow model to get and comparatively analyze β-convergence coefficients and α - coefficients of neoclassical output function in the whole country level and in regional levels. The valuable influence factors, like finance level, physical investment effect, labor force growth rate, industrial structure change, consumer, openness degree, infrastructure level, local education level etc., are also considered in our regression model. Another innovation point of this paper is that we compare the province ranks of local average GDP growth speed, α- coefficients, and local technological progress contribution.