کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
992132 1481173 2013 13 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A Matter of Time: Revisiting Growth Convergence in China
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
A Matter of Time: Revisiting Growth Convergence in China
چکیده انگلیسی

SummaryChina’s unbalanced growth strategy has seemingly fostered growing inter-regional growth disparities and there is little evidence of wealth trickling down from richer provinces to poorer provinces. Standard convergence tests, however, may be ill specified to detect underlying long-term growth trends in small samples due to the pronounced and frequent inter-regional short-term fluctuations. Our paper suggests a novel approach to distinguish between these long-term growth trends and short-term fluctuations. Based on provincial data from 1978 to 2009, our results indicate that China’s provinces only diverge over the short-term. Over the long term, provinces cluster into two converging growth clubs.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: World Development - Volume 45, May 2013, Pages 239–251
نویسندگان
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