Regional Economic Growth and Spillover Effects:An Analysis of China's Pan Pearl River Delta Are

来源 :China & World Economy | 被引量 : 0次 | 上传用户:smtsmarsh
下载到本地 , 更方便阅读
声明 : 本文档内容版权归属内容提供方 , 如果您对本文有版权争议 , 可与客服联系进行内容授权或下架
论文部分内容阅读
The Pan Pearl River Delta(PPRD) Regional Co-operation Framework Agreement was signed in 2004.It aims to bring prosperity through partnership among nine Chinese Mainland provinces and China ’s two special administrative regions.In this paper,we use a dynamic panel data model to examine the economic growth of the PPRD economies from 1985 to 2009.Our analysis confirms the existence of regional growth spillover effects in the PPRD area.Our results also show that economic growth spillover effects of non-PPRD regions on the PPRD regions are greater than those among the PPRD members themselves.These findings imply that economic integration between Chinese provinces has generated considerable spillover effects on regional growth.However, the anticipated benefits of the implementation of the PPRD agreement have not been realized thus far.Therefore,greater effort should be made to promote further economic integration among these members so that their local economies can benefit from the positive spillover effects. The Pan Pearl River Delta (PPRD) Regional Co-operation Framework Agreement was signed in 2004.It aims to bring prosperity through partnership among nine Chinese Mainland provinces and China’s two special administrative regions.In this paper, we use a dynamic panel data our analysis also shows that the economic growth of the PPRD economies from 1985 to 2009. Our analysis confirms the existence of regional growth spillover effects in the PPRD area. Our results also show that economic growth spillover effects of non-PPRD regions on the PPRD regions are greater than those among the PPRD members themselves. These findings imply that economic integration between Chinese provinces has generated considerable spillover effects on regional growth.However, the anticipated benefit of the implementation of the PPRD agreement have not been therefore thus far. Before, greater effort should be made to promote further economic integration among these members so that their local economies can benefit from the positive spillover effects.
其他文献
The current model of economic growth generated unprecedented increases in human wealth and prosperity during the 19th and 20th centuries.The main mechanisms hav
期刊
One of the greatest challenges China faces is reshaping its heavily investment-driven mode of economic growth.By investigating how the rebalancing of Japan’s e
期刊
期刊
China faces serious external(i.e.trade) and internal(i.e.structural) imbalances.Both are related to income inequality,reduction of which will help to increase d
期刊
Through review of relevant studies and analysis,this article indicates that the “middle-income trap ” is in line with the framework of the mainstream economic
期刊
Using the instrumental variable model and the regression discontinuity approach,this paper explores how access to primary education affects the Chinese labor ma
期刊
The volume of China’s high-technology exports has grown sharply since the implementation of its export promotion strategy “Revitalizing Trade through Science
期刊
Since economic reforms began in 1978,China ’s urban population has increased by half a billion.Over the next 20 years,cities will likely add another 300 millio
期刊
The present paper calculates 35 industrial sectors’ similarity matrices for the period of 1997-2008 using China’s input-output tables for 1997,2002 and 2007,a
期刊
This article seeks to develop a conceptual and policy framework for understanding China’s role in the global economic imbalances.China’s contribution to these
期刊