Interregional Disparity and Convergence Tendency: An Empirical Study of TFP Growth in China
Applied Economics and Finance
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Title |
Interregional Disparity and Convergence Tendency: An Empirical Study of TFP Growth in China
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Creator |
Jiang, Yanqing; School of Economics and Finance, Shanghai International Studies University
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Description |
This paper presents an empirical analysis to improve our understanding of the catch-up and convergence tendencies of total factor productivity (TFP) growth across the Chinese provinces over 2003–2012. After controlling for the province heterogeneity, our regression results show that the Chinese provinces exhibit significant conditional convergence in TFP growth over the sample period. This indicates that province-specific factors play an important role in determining provincial TFP growth. Economic policies conducive to faster TFP growth should thus be directed to the relevant factors underlying the province heterogeneity. This paper suggests that openness to international economic activities and human capital accumulation are two important factors that promote TFP growth, both of which rely on a salutary social infrastructure.
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Publisher |
Redfame Publishing
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Date |
2014-10-11
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Type |
info:eu-repo/semantics/article
Peer-reviewed Article info:eu-repo/semantics/publishedVersion |
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Format |
application/pdf
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Identifier |
http://redfame.com/journal/index.php/aef/article/view/386
10.11114/aef.v1i2.386 |
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Source |
Applied Economics and Finance; Vol 1, No 2 (2014); 1-10
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Language |
eng
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Relation |
http://redfame.com/journal/index.php/aef/article/view/386/488
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Rights |
Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Copyrights for articles published in Redfame journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.
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