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There has been renewed empirical work recently on testing the neoclassical model of economic growth using data on various groups of countries. But none of the cross-country regressions includes China, the largest developing economy in the world. This study utilises both cross-sectional and panel...
Persistent link: https://www.econbiz.de/10005808875
This paper uses multivariate time series methods to investigate convergence of Chinese real GDP per capita at regional and provincial levels over the period 1952 – 2001. We reject convergence across regions. However, we find evidence of common trends among the provincial real incomes within...
Persistent link: https://www.econbiz.de/10011071594
This paper uses both cross-sectional and panel data on Chinese provinces over the reform period 1978-1998 to examine the pattern of China’s regional economic growth on the basis of a theoretical model on convergence. We find a tendency to converge in terms of real GDP per capita both...
Persistent link: https://www.econbiz.de/10011099185