The Research on the Factors Affecting Regional Economic Growth:Based on the Development Model
LI Cong-xin
Abstract
LI Cong-xin
Abstract
Expect for production factors,the path dependence also is an important influence factor to the regional economic growth.The growth model not only can study the regional economic growth path dependence,also can reflect the influence of production factors to regional economic growth.Using the development model,this article analyzes the economic growth for the 31 province in mainland of China.The results show that: there is common trend for the path of economic growth among the provinces,However,it has significant individual differences.The individual differences mainly come from the factors of production,the employment and capital stock mainly impact the curvature of the growth curve,the impact of the capital stock is far greater than that of the employment.
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Expect for production factors,the path dependence also is an important influence factor to the regional economic growth.The growth model not only can study the regional economic growth path dependence,also can reflect the influence of production factors to regional economic growth.Using the development model,this article analyzes the economic growth for the 31 province in mainland of China.The results show that: there is common trend for the path of economic growth among the provinces,However,it has significant individual differences.The individual differences mainly come from the factors of production,the employment and capital stock mainly impact the curvature of the growth curve,the impact of the capital stock is far greater than that of the employment.
Key concepts: Economics, Stock (firearms), Mainland China, Production (economics), Factors of production, Growth model, Economic geography, China