Spatial Econometric Analysis of China County Economic Growth
Date Issued
2008
Date
2008
Author(s)
Chou, Chang-Han
Abstract
In the past, researches on the difference of Chinese regional economic development scholars conducted was mainly based on the data getting from Province-Level Administrative and City-Level Administrative units, rarely relayed on all County-Level Administrative units. Even worse, scholars at that moment lacked the viewpoint of spatial analysis. Therefore, it’s difficult to truly reflect the change and the mechanism of the regional space difference.his paper takes 2338 counties in 2000 and 2005 as the object of study, based on the theory of New Economic Geography, and uses Geography Information System (GIS) to construct spatial econometric models and discuss the correlation factor of county economic growth. Then establishes space lag model and space error model and carries on the discussion of the economic growth trend.he difference and the conglomeration phenomenon of the county economic growth obtained by OLS model are related with the social and economy factors, such as urbanization rate, population density, government finance, personal savings, social investment, and social consume. Meanwhile, it has a certain spatial dependence with the neighbor county economic growth, and must integrate the spatial factor in the model. In the model, those social and economy factors present the high spatial autocorrelation.fter adding up the spatial variable, the overall county economy in present situation has constructed higher explanation strength as well as the theoretical existence. Benefit from this point, the conglomeration of the county economic growth can be effectively explained and the spatial distribution has been visual presented. Through the establishment of the spatial model, we will confirm that the theory of New Economic Geography is able to explain the difference of county economic growth, the spatial diffusion phenomena as well as forms reason. In addition, the major factor which influences economic growth is the proportion of the industrial output value, representing that industry is still the most main original factor of Chinese economic growth. National policy facing the integrity development gradually from the topicality development has contributed a lot to the regional fast development, especially after massive hand of FDI entering China in recent years. In conclusion, we will be able to understand the reason that the regional economic growth rate increase quickly by spatial analysis.
Subjects
County
Spatial Econometric
Economic Growth
Type
thesis
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