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Regional Growth in China: An Empirical Investigation using Multiple Imputation and Province-level Panel Data

Chen, Baizhu and Phillips, Kerk L. (2008): Regional Growth in China: An Empirical Investigation using Multiple Imputation and Province-level Panel Data. Published in: Research in Economics , Vol. 65, No. 3 (2011): pp. 243-253.

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Abstract

This paper examines the contributions of various factors to China’s economic growth. The methodology is discussed in papers by Levine and Renelt (1992) and Sala-i-Martin (1997). Using multiple imputation techniques on a panel data from 1978 to 1999 for 30 provinces, autonomous regions, and independently administered cities, we find that provinces with more innovation capital and more bank-deposit-to-GDP ratios tend to experience higher economic growth. Migration of people into a province, the number of higher education teachers, railroad density & local government revenue as a percent of total government spending are all negatively related to subsequent growth rates.

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