1978-1998-Evolution of Economic Growth Distribution in Chinese Provinces and Regions-Lingnan Economic Academic Series

Author: Xu Xianxiang
Publisher:
Publish Date: 2006-02-01
Features: Specifically, this book focuses on three issues: How has the growth distribution of provincial economies in China evolved over the past 20 years since the reform and opening-up? What are the underlying mechanisms? How will it continue to evolve in the future? It aims to further enhance the understanding of how coordinated development can be achieved. The editor's answers to these three issues are as follows:
The answer to the first question is that over the past 20 years since the reform and opening-up, the economic distribution of China's provinces has gradually taken on a bimodal shape. This indicates that the economic development of China's provinces is currently uncoordinated, showing polarization.
The answer to the second question is that China's gradual reform has led to endogenous differences in social infrastructure across provinces, which is the root cause of the gradual bimodal distribution of provincial economic growth. This suggests that the current polarization and lack of coordination in provincial economic growth in China can be well explained by endogenous institutional changes.
The answer to the third question is that as long as deep reforms continue in the right direction, the current left peak will gradually fade away. This means that China will ultimately achieve coordinated development among its provinces.