کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5047837 1370921 2010 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Heterogeneous production functions and regional disparity
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Heterogeneous production functions and regional disparity
چکیده انگلیسی

On explaining regional differences, the current literature emphasizes the difference in factor accumulations. This paper suggests an additional possibility that regions may differ in parameter values in their production functions. In terms of the Cobb-Douglas production function, regions may differ in the share of capital in income. Using the province-level data in China, this paper shows that capital shares have a very significant and positive effect on per capita GDP. In particular, the differences in production functions explain 46.6% of the difference in per capita output between the East region and West region in China. Further, using the firm-level data, we show that the differences in regional production function are likely due to different industry compositions.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: China Economic Review - Volume 21, Supplement 1, September 2010, Pages S12-S19
نویسندگان
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