2009•Journal of Shijiazhuang Institute of Railway TechnologyRequires access

A Spatial Econometric Analysis of HeBei' Regional Economic Growth Convergence

LI Shi-sen

Abstract

Based on the model of neoclassical theory of growth,convergence of regional economic growth was studied in Hebei provinces.Through model screening,the spatial econometric model was established,whose estimation supports the conclusion of the neoclassical theory of growth.And then the convergence speed is calculated and it’s about 3 percent.

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Key concepts: Convergence (economics), Growth theory, Econometric model, Economics, Estimation, Growth model, Econometrics, Econometric analysis