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                                       Details for article 4 of 5 found articles
 
 
  Regional Divergence of per capita GDP in China: 1991-99
 
 
Title: Regional Divergence of per capita GDP in China: 1991-99
Author: Wang, Zheng
Appeared in: Journal of Chinese economic and business studies
Paging: Volume 2 (2004) nr. 1 pages 39-53
Year: 2004-01
Contents: Using China's regional data from 1991 to 1999, this paper investigates inter-regional income inequalities. GMM estimation has been used to explore a dynamic panel data model based on the Solow growth model. We find that regions conditionally converge to their own steady states at an annual rate of 8%, indicating around 8 years for a region to halve the deviation from its balanced growth path. However, the panel data exploration of convergence could not explain the catching up phenomenon. To see whether poorer regions can grow faster than richer ones, sigma and absolute beta divergence have been employed. We find that when the regional income gap enlarges during the 1990s, the initially poor regions do not catch up with the initially rich regions.
Publisher: Routledge
Source file: Elektronische Wetenschappelijke Tijdschriften
 
 

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