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The relative contributions of prefer...
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Tong, Jing.
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The relative contributions of preferential policies, geographical location, and economic institutions to the divergence in regional economic growth in China.
Record Type:
Language materials, printed : Monograph/item
Title/Author:
The relative contributions of preferential policies, geographical location, and economic institutions to the divergence in regional economic growth in China./
Author:
Tong, Jing.
Description:
143 p.
Notes:
Source: Dissertation Abstracts International, Volume: 68-09, Section: A, page: 3992.
Contained By:
Dissertation Abstracts International68-09A.
Subject:
Economics, General. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3283045
ISBN:
9780549255048
The relative contributions of preferential policies, geographical location, and economic institutions to the divergence in regional economic growth in China.
Tong, Jing.
The relative contributions of preferential policies, geographical location, and economic institutions to the divergence in regional economic growth in China.
- 143 p.
Source: Dissertation Abstracts International, Volume: 68-09, Section: A, page: 3992.
Thesis (Ph.D.)--University of California, Davis, 2007.
The phenomenal growth of China in the last two decades has been the subject of voluminous research and numerous competing interpretations. What has been much less discussed is that China's market-oriented economic reforms, exemplified by open-door policies and regional preferential policies, have also brought about a highly differentiated pattern of regional development. From the mid-1990s, this worsening inequality in regional income growth has become a matter of considerable concern and debate.
ISBN: 9780549255048Subjects--Topical Terms:
1017424
Economics, General.
The relative contributions of preferential policies, geographical location, and economic institutions to the divergence in regional economic growth in China.
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Source: Dissertation Abstracts International, Volume: 68-09, Section: A, page: 3992.
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Thesis (Ph.D.)--University of California, Davis, 2007.
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The phenomenal growth of China in the last two decades has been the subject of voluminous research and numerous competing interpretations. What has been much less discussed is that China's market-oriented economic reforms, exemplified by open-door policies and regional preferential policies, have also brought about a highly differentiated pattern of regional development. From the mid-1990s, this worsening inequality in regional income growth has become a matter of considerable concern and debate.
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This dissertation investigates the relative contributions of region-specific preferential policies, geographical factors and region-specific institutional developments to the unequal regional growth. We constructed a cross-province dataset over the period of 1978--1998, and our statistical testing procedures included using applied lagged-one-year explanatory variables and the first-differenced generalized method of moment techniques.
520
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The regression results indicate that differences in physical location, preferential policy, and institutional development in the non-state sector do account for a significant part of the observed variation in the growth performance of provinces. The preferential policy effect appears to have the largest contribution, followed by the physical location effect. This means that the extension to the interior provinces the preferential policies that encourage integration into the international economy, and encourage domestic capital to move to labor surplus areas in inland regions will promote economic growth in the interior provinces and reduce regional inequality.
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This dissertation adds to the literature on regional inequality in China by showing that another important determinant of the inequality is the reform of economic institutions. The fundamental change in economic institutions, especially the development of the non-state sector, has significantly improved China's economic growth performance, albeit its contribution is lower than those of preferential policies and physical location. Two general lessons can be drawn from the experience of the growth of the non-state sector in China. First, the growth of the non-state sector in the inland provinces is a reliable vehicle to reduce regional inequality. Second, the state-owned domestic banks should stop discriminating against the non-state sector and provide it with a truly market-based mode of investment financing.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3283045
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