A STUDY ON THE TREND OF REGIONAL ECONOMIC DISPARITIES AND R/S ANALYSIS IN ZHEJ IANG PROVINCE
Cifang Wu
Abstract
Cifang Wu
Abstract
This paper focuses on the trend of regional economic disparities of Zhejiang province.Using four indices to evaluate the differences between the 11 cities,including Geordie coefficient,weighted variation coefficient,Theil coefficient and location quotient.On the basis of these indices,the author gives the R/S analysis to them,the outcome of the analysis shows that it suffices the Hurst principal,and it has typical self-similarity in time series,meanwhile,the trend of regional economic disparities trends to increase in the future.Finally,the paper gives deep discussion on the reasons that cause the economy differences among the cities.
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This paper focuses on the trend of regional economic disparities of Zhejiang province.Using four indices to evaluate the differences between the 11 cities,including Geordie coefficient,weighted variation coefficient,Theil coefficient and location quotient.On the basis of these indices,the author gives the R/S analysis to them,the outcome of the analysis shows that it suffices the Hurst principal,and it has typical self-similarity in time series,meanwhile,the trend of regional economic disparities trends to increase in the future.Finally,the paper gives deep discussion on the reasons that cause the economy differences among the cities.
Key concepts: Theil index, Similarity (geometry), Geography, Econometrics, Economic geography, Economic base analysis, Variation (astronomy), Economics