Evolution of the Distribution of Economic Growth in China's Provinces and Regions (1978-1998)

Author: Xu Xianxiang
Publisher:
Publish Date: 2006-02-01
Features: Specifically, this book focuses on exploring three issues: What has been the trend of economic growth distribution in China's provinces and regions over the past 20 years since the reform and opening-up? What are the underlying mechanisms? How will it evolve in the future? It aims to further enhance the understanding of how to achieve coordinated development. 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 in China's provinces and regions has gradually shown a bimodal pattern. This indicates that the economic development of China's provinces and regions is currently uncoordinated, exhibiting 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 pattern of economic growth distribution in China's provinces and regions. This suggests that the current polarization and lack of coordinated development in China's provincial economic growth 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 left peak will gradually fade away. This means that China will ultimately achieve coordinated development among its provinces and regions.