The Impact of Urbanization and Factor Inputs on China''''s Economic Growth--A Spatial Econometrics Approach

摘要

This paper utilizes a panel data of 31 provinces in China spanning from 2007 to 2014.Spatial econometrics is applied to carry out regression analysis of the impact of urbanization and factor inputs on China''''s economic growth.By comparing differences among regions,this paper finds that in the regional level,the positive effect of urbanization in the Eastern region and the Western region is significant,and the positive effect of the proportion of input factors in the Central region is also significant but to a lesser extent.In general,there exists spatial spill-over effect between urbanization and factor inputs structure and economic growth,i.e.,both are capable of producing positive effect,but the input role played by the scale factor has diminishing marginal effect.Urbanization is more likely to become the driving force of economic growth and to stimulate economic growth.