Chen, Baizhu and Phillips, Kerk L. (2008): Regional Growth in China: An Empirical Investigation using Multiple Imputation and Province-level Panel Data.
Download (119kB) | Preview
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.
|Item Type:||MPRA Paper|
|Original Title:||Regional Growth in China: An Empirical Investigation using Multiple Imputation and Province-level Panel Data|
|Keywords:||growth, provinces, empirical, panel-data|
|Subjects:||H - Public Economics > H1 - Structure and Scope of Government > H10 - General
O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence
O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle East
|Depositing User:||Kerk Phillips|
|Date Deposited:||29. Jun 2010 02:01|
|Last Modified:||18. Feb 2013 21:16|
Apergis, Nicholas, “Inflation Uncertainty and Growth: Evidence from Panel Data”, Australian Economic Papers, June 2005, v. 44, iss. 2, pp. 186-97
Bao, Shuming, Gene Hsin Chang, Jeffrey D. Sachs, and Wing Thye Woo, “Geographic Factors and China’s Regional development Under Market Reforms, 1978-98”, China Economic Review, October 17, 2002
Borensztein, Eduardo and Jonathan D. Ostry, “Accounting for China’s Growth Performance,” American Economic Review, 86(2):224-228.
Cashin, Paul & Ratna Sahay, 1996, “Internal Migration, Center-State Grants and Economic Growth in the States of India”, International Monetary Fund Staff Papers, Vol. 43 No. 1 March.
Chen, Baizhu & Feng, Yi, “Determinants of Economic Growth in China: Private Enterprises, Education, and Openness – A Cross-Province Study”, China Economic Review, Vol. 11, No. 1, 2000.
Coulombe, Serge, 2000, “New Evidence of Convergence across Canadian Provinces: The Role of Urbanization”, Regional Studies, Vol. 34 No. 8 November, pp. 713-25.
Fleisher, Belton and Jian Chen, “The Coast-Noncoast Income Gap, Productivity, and Regional Economic Policy in China”, Journal of Comparative Economics, 25, 220-236, 1997.
Hsueh, Tien-tun, et al., China’s Provincial Statistics: 1949-1989, Westview Press, 1993.
Kim, Ji, “Convergence Hypothesis of Regional Income in Korea”, Applied Economics Letters, June 2005, v. 12, iss. 7, pp. 431-35
Knight, M., Norman L., and Villanueva, D., 1993, ‘Testing the Neoclassical Theory of Economic Growth: A Panel Data Approach," IMF Staff Papers, Vol. 40 No. 3.
Johnson, Paul A., 2000, “A Nonparametric Analysis of Income Convergence across the US States”, Economics Letters, vol. 69 No. 2 November pp. 219-23.
Lamo, Ana, 2000, “On Convergence Empirics: Some Evidence for Spanish Regions”, Investigaciones Economicas, Vol. 24 No.3 September pp. 681-707.
Leamer, E. E., 1985, ‘Sensitivity Analyses Would Help,’ American Economic Review, Vol. 57, No. 3 .
Levine, R. and Renelt, D., 1992, 'A Sensitivity Analysis of Cross-Country Growth Regressions,' American Economic Review, Vol. 82, No. 4. pp. 942 – 963.
Li, Kui-Wai and Tung Liu, 2001. “Impact of liberalization of financial resources in China's economic growth: evidence from provinces,” Journal of Asian Economics, Vol. 12, No. 2, pp. 245-262.
National Bureau of Statistics, People’s Republic of China, China Statistical Yearbook, var. eds. and CD-ROMs, China Statistics Press
Paap, Richard; Franses, Philip Hans; van Dijk, Dick, “Does Africa Grow Slower Than Asia, Latin America and the Middle East? Evidence from a New Data-Based Classification Method”, Journal of Development Economics, August 2005, v. 77, iss. 2, pp. 553-70
Pekkala, Sari, 1999, “Regional Convergence across the Finnish Provinces and Subregions, 1960-94”, Finnish Economic Papers, Vol 12 No. 1 Spring, pp. 28-40.
Phillips, Kerk L. and Shen Kunrong, 2005, “What Effect does the Size of the State-Owned Sector Have on Regional Growth in China?”, Journal of Asian Economics, vol. 15 no. 6 pp. 1079-1102.
Quah, Danny T., (1996), “Empirics for Economic Growth and Convergence”, European Economic Review, Vol. 40, No. 6, pp. 1353-75.
Rubin, D.B. (1987) Multiple Imputation for Nonresponse in Surveys. J. Wiley & Sons, New York.
Sala-i-Martin, X, 1997, ‘I Just Ran Two Million Regressions,’ American Economic Review, Vol. 87, No. 2.
Schafer, J.L. (1997) Analysis of Incomplete Multivariate Data. Chapman & Hall, London.
Available Versions of this Item
- Regional Growth in China: An Empirical Investigation using Multiple Imputation and Province-level Panel Data. (deposited 29. Jun 2010 02:01) [Currently Displayed]