Convergence Theory and Empirical Research on Regional Economic Disparities in China

Author: Deng Xiang
Publisher:
Publish Date: 2003-04-01
Features: This book includes three parts: fundamental theories, theoretical extensions, and empirical analysis. The fundamental theory section focuses on summarizing and evaluating growth theory, particularly the new developments in the convergence problem within growth theory, and evaluates the analysis of spatial economic theory and institutional economic theory on convergence and divergence issues. The theoretical extension section proposes a model that incorporates the core of neoclassical growth theory and endogenous growth theory, summarizing the sufficient and necessary conditions for lagging regions to catch up from the history of international economic development. The empirical analysis section examines the impact of institutional transformation and technological change on regional disparities, and measures the sources of regional economic growth and productivity in China.