Endogenous innovation growth theory and regional income convergence in China

Journal of International Development - Tập 13 Số 2 - Trang 153-168 - 2001
Yingqi Wei1, Xiaming Liu2, Haiyan Song3, Peter Romilly4
1Department of Economics, University of Lancaster, Lancaster, UK
2Aston Business School, Aston University, #TAB##TAB##TAB##TAB##TAB##TAB#Birmingham, UK
3Department of Management Studies, University of Surrey, Guildford, UK
4School of Social & Health Sciences, University of Abertay Dundee, Dundee, UK

Tóm tắt

Abstract

Endogenous innovation growth theory is tested by using panel data for 27 provinces across China. R&D expenditure and openness are added to the standard convergence regressions to control for different structural characteristics in each province. A standardized ‘t‐bar’ test for unit roots is applied to examine the properties of the data and identify a long‐run relationship among the variables. By allowing for differences in the aggregate production function across regions, we find evidence of convergence. The empirical results support the endogenous innovation growth model in which regional per capita income can converge given technological diffusion, transfer and imitation. Copyright © 2001 John Wiley & Sons, Ltd.

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Thông tin xuất bản

Journal of International Development

Tập 13 Số 2

153-168

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