2010•Xibu luntanRequires access
The Influence of Western Development on Convergence of China's Regional Economic Growth
Xinya Wang
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Abstract
In this paper,we use the system-GMM dynamic panel data model to analyze the impact of western development on convergence of China's regional economic growth and western regional economic growth.The results show that before the implementation of western development,China's regional economic growth has the conditional beta convergence,while after the western development,the regional economic growth changes from stable development of original equilibrium path to volatilized development,meanwhile,the economic growth of each province in western region shows obvious volatilized sign.Thus,western development strategy changes China's regional economic growth situation and western region gradually becomes the new impetus to lead China's economic growth.