2012Chinese Journal of Population Resources and EnvironmentRequires access

The Study of the Western Development Strategy Performance

Hang Liu

Open publisher page 1 citations

Abstract

The paper selects Chengdu-Chongqing Economic Zone,Guanzhong-Tianshui Economic Zone and Guangxi Beibu Gulf Economic Zone,as the research objects.From the perspective of economic growth convergence,using the 30-city data in the above three big economic zones as samples,taking Onestep-System-GMM method on dynamic panel model,the paper tests the convergence of three economic zones economic growth from 2000 to 2009 and calculates the approximate convergence speed.The result shows,the economy of the western China shows obvious conditional convergence,and the approximate convergence speed is-3.3% to-2%,which means since the strategy of development of the West Regions carried out,internal economy growth in western region appears slow divergence.Because of policy lagging effect and infrastructure construction,investment and lagging one phase of growth have the weak influence growth,but initial economy and education expenditure have the significant positive influence to current growth.Thus,promoting development of the less developed areas in western China is important future western development.In addition,keeping current physical capital investment scale and increasing education and human capital investment can effectively reduce the western region disparity.

About this research paper

What this paper is about

The paper selects Chengdu-Chongqing Economic Zone,Guanzhong-Tianshui Economic Zone and Guangxi Beibu Gulf Economic Zone,as the research objects.From the perspective of economic growth convergence,using the 30-city data in the above three big economic zones as samples,taking Onestep-System-GMM method on dynamic panel model,the paper tests the convergence of three economic zones economic growth from 2000 to 2009 and calculates the approximate convergence speed.The result shows,the economy of the western China shows obvious conditional convergence,and the approximate convergence speed is-3.3% to-2%,which means since the strategy of development of the West Regions carried out,internal economy growth in western region appears slow divergence.Because of policy lagging effect and infrastructure construction,investment and lagging one phase of growth have the weak influence growth,but initial economy and education expenditure have the significant positive influence to current growth.Thus,promoting development of the less developed areas in western China is important future western development.In addition,keeping current physical capital investment scale and increasing education and human capital investment can effectively reduce the western region disparity.

Why it matters

OpenAlex reports 1 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

The paper selects Chengdu-Chongqing Economic Zone,Guanzhong-Tianshui Economic Zone and Guangxi Beibu Gulf Economic Zone,as the research objects.From the perspective of economic growth convergence,using the 30-city data in the above three big economic zones as samples,taking Onestep-System-GMM method on dynamic panel model,the paper tests the convergence of three economic zones economic growth from 2000 to 2009 and calculates the approximate convergence speed.The result shows,the economy of the western China shows obvious conditional convergence,and the approximate convergence speed is-3.3% to-2%,which means since the strategy of development of the West Regions carried out,internal economy growth in western region appears slow divergence.Because of policy lagging effect and infrastructure construction,investment and lagging one phase of growth have the weak influence growth,but initial economy and education expenditure have the significant positive influence to current growth.Thus,promoting development of the less developed areas in western China is important future western development.In addition,keeping current physical capital investment scale and increasing education and human capital investment can effectively reduce the western region disparity.

Key concepts: Lagging, Convergence (economics), Conditional convergence, Investment (military), China, Panel data, Economics, Economic geography

Related papers

Back to paper searchBrowse research topicsOriginal source
The Study of the Western Development Strategy Performance — Research Paper | ScholarLens