본문 바로가기
KERD
논문KCI 등재

REGIONAL GROWTH AND INCOME INEQUALITY IN CHINA AFTER 1978: A SPATIAL ECONOMETRIC APPROACH

유태환|전용복
한국경제학회 (The Korean Economic Association)|2009.06|The Korean Economic Review|제25권 제1호|pp. 105-131

0

조회

0

다운로드

3

인용

0

참고문헌

키워드

Spatial EconometricsSpatial AutocorrelationIncome Inequality in ChinaDemandled Growth
주제분류경제학

초록

Based on Kaldorian approach to economic growth and development, this study aims at providing an alternative perspective and explanation of the pattern of regional growth and income inequality in China. Using spatial econometric techniques, it empirically demonstrates that the Chinese regional economic growth has been demand-led and that regional dependence among the Chinese provinces is weak. In order to rebound the current trend of increasing regional income inequality, the present study suggests the rehabilitation of active roles played by local governments in developing regional economies and progressive income distribution policy to support effective demand.

Abstract

Based on Kaldorian approach to economic growth and development, this study aims at providing an alternative perspective and explanation of the pattern of regional growth and income inequality in China. Using spatial econometric techniques, it empirically demonstrates that the Chinese regional economic growth has been demand-led and that regional dependence among the Chinese provinces is weak. In order to rebound the current trend of increasing regional income inequality, the present study suggests the rehabilitation of active roles played by local governments in developing regional economies and progressive income distribution policy to support effective demand.

참고문헌 (47)

  1. Anselin,L, "Spatial Econometrics: Methods and models" (1988), Dordrecht: Kluewer Academic Publishers
  2. Anselin, L, "Do spatial effects really matter?", Papers in Regional Science, 65, pp.11~34 (1988)
  3. Bairam,E.I, "Verdoorn Law, Returns to Scale and Industrial Growth: A Review of the Literature", Australian Economic Papers, 26, pp.20~42 (1987)
  4. Bao, S, "Geographic Factors and China’s Regional Development under Market Reforms: 1979-1998", China Economic Review, 13, pp.89~111 (2002)
  5. Barro, R. J, "Convergence Across States and Regions", Brookings Papers on Economic Activity, 1, pp.107~82 (1991)
  6. Barro, R. J, "Convergence", Journal of Political Economy, 100, pp.223~51 (1992)
  7. Bernat, G, "Does Manufacturing Matter? A Spatial Econometric View of Kaldor’s Laws", Journal of Regional Science, 36, pp.463~477 (1996)
  8. Chen, B, "Determinants of Economic Growth in China: Private Enterprise, Education and Openness", China Economic Review, 11, pp.1~15 (2000)
  9. Chen, J, "Regional Income Inequality and Economic Growth in China", Journal of Comparative Economics, 22, pp.141~64 (1996)
  10. Cornwall,J, "Diffusion, Convergence and Kaldor’s Laws", Economic Journal, 86(342), pp.307~14 (1976)
  11. Cripps, T. F, "Growth in Advanced Capitalist Economies" (1973), Cambridge: Cambridge University Press
  12. Demurger,S, "Infrastructure Development and Economic Growth: An Explanation for Regional Disparities in China?", Journal of Comparative Economics, 29, pp.95~117 (2001)
  13. Dixon, R, "A Model of Regional Growth Rate Differences on Kaldorian Lines", Oxford Economic Papers, 27, pp.201~214 (1975)
  14. Ezaki, M, "Growth Accounting in China for National,Regional, and Provincial Economies: 1981-1995", Asian Economic Journal, 13(1), pp.39~71 (1999)
  15. Felipe, J, "Some Methodological Problems with the Neoclassical Analysis of the East Asian Miracle", Journal of YONGBOK JEON · TAE HWAN YOO: REGIONAL GROWTH AND INCOME Economics, 27(5), pp.695~721 (2003)
  16. Fingleton, B, "Increasing Returns and Economic Growth: Some Evidence for Manufacturing", Oxford Economic Papers, 50, pp.89~105 (1998)
  17. Fleisher, B. M, "The Coast and Non-Coast Income Gap, Productivity and Regional Policy in China", Journal of Comparative Economics, 25, pp.220~36 (1997)
  18. Gundlach,E, "Regional Convergence of Output per Worker in China: A Neoclassical Interpretation", Asian Economic Journal, 11, pp.423~42 (1997)
  19. Hansen, J. D, "A Kaldorian Approach to Regional Economic Growth in China", Applied Economics, 28, pp.679~85 (1996)
  20. Manufacturing, Increasing Returns and Economic Development in China, 1979-2004: A Kaldorian Approach, "Jeon,Y.B", University of Utah., ~, pp.Department of Economics Working Paper, 2006-06 (2006)
  21. Kaldor,N, "A Model of Economic Growth", Economic Journal, 67(268), pp.591~624 (1957)
  22. Kaldor,N, "Causes of the Slow Rate of Economic Growth in the United Kingdom" (1966), Cambridge:Cambridge University Press
  23. Kaldor,N, "Strategic Factors in Economic Development, Frank Pierce Memorial Lecture at Cornell Univeristy" (1967), Ithaca: Cornell University Press
  24. Kaldor,N, "Productivity and Growth in Manufacturing Industry: a Reply", Economica, 35, pp.385~91 (1968)
  25. Kaldor,N, "Economic Growth and the Verdoorn’s law. A Comment on Mr. Rowthorn’s Article", Economic Journal, 85(340), pp.891~896 (1975)
  26. Leon-Ledesma,M.A, "Economic Growth and Verdoorn’s Law in the Spanish Regions, 1962-91", International Review of Applied Economics, 14(1), pp.55~69 (2000)
  27. Levine, R, "A Sensitivity Analysis of Cross-Country Growth Regressions", American Economic Review, 82, pp.942~63 (1992)
  28. Lin, J. Y, "Fiscal Decentralization and Economic Growth in China", Economic Development and Cultural Change, 49, pp.1~21 (2000)
  29. Liu, B. Y, "China’s Economic Reform and Regional Productivity Differentials", Journal of Economic Development, 25(2), pp.23~42 (2000)
  30. Mankiw, N. G, "A Contribution to the Empirics of Economic Growth", Quarterly Journal of Economics, 107, pp.407~38 (1992)
  31. McCombie,J.S.L, "Economic Growth, Kaldor’s Laws and the Static-Dynamic Verdoorn Law Paradox", Applied Economics, 14, pp.279~94 (1982)
  32. McCombie,J.S.L, "Increasing Returns and the Manufacturing Industries: Some Empirical Issues", The Manchester School of Economic and Social Studies, 53, pp.55~75 (1985)
  33. McCombie, J. S. L, "The Verdoorn’s Law Controversy: Some New Empirical Evidence Using U.S. State Data", Oxford Economic Papers, 36, pp.268~284 (1984)
  34. McCombie, J. S. L, "Economic Growth and the Balance-of-Payments Constraint" (1994), New York: St. Martin’s Press
  35. Oi,J.C, "Rural China Takes Off: Institutional Foundations of Economic Reform" (1999), Berkeley: University of California Press
  36. Pons-Novell, J, "Kaldor’s Laws and Spatial Dependence: Evidence from the European Regions", Regional Studies, 33, pp.443~51 (1999)
  37. Rey, S. J, "US Regional Income Convergence: A Spatial Econometric Perspective", Regional Studies, 33, pp.143~156 (1999)
  38. Setterfield,M.(ed.), "The Economics of Demand-led Growth: Challenging the Supply-side Vision of the Long Run" (2002), Northampton: Edward Elgar
  39. Targetti,F, "Nicholas Kaldor: The Economics and Politics of Capitalism as a Dynamic System" (1992), Oxford: Clarendon Press
  40. Thirlwall,A.P, "A Plain Man’s Guide to Kaldor’s Growth Laws", Journal of Post-Keynesian Economics, 5(3), pp.345~58 (1983)
  41. Unger,J, "Transformation of Rural China" (2002), New York: M.E. Sharpe
  42. Wolfe,J.N, "Productivity and Growth in Manufacturing Industry: Some Reflection on Professor Kaldor’s Inaugural Lecture", Economica, 35, pp.117~26 (1968)
  43. Wu,Y, "Is China’s Economic Growth Sustainable? A Productivity Analysis", China Economic Review, 11, pp.278~96 (2000)
  44. Yao, Y, "Provincial Income Convergence in China,1953-1997: A Panel Data Approach", Econometric Reviews, 22, pp.59~77 (2003)
  45. Ying,L.G, "Understanding China’s Recent Growth Experiences: A Spatial Econometrics Perspective", Annals of Regional Science, 37, pp.613~628 (2003)
  46. Young,A.A, "Increasing Returns and Economic Progress", Economic Journal, 38(152), pp.527~542 (1928)
  47. Yu, D, "Analyzing Regional Inequality in Post-Mao China in a GIS Environment", Eurasian Geography and Economics, 44(7), pp.514~34 (2003)

관련 논문AI추천

A Comparative Analysis of the Effect of Economic Development on Regional Income Disparity between Korea and China이서형, 장연주한국지역사회학회 · 지역사회연구2010 · 제18권 제1호Innovation and Spillovers in China:Spatial Econometric Approach노성호, 문익준경제연구소 · Seoul Journal of Economics2014 · 제27권 제2호GROWTH DYNAMICS AND CONDITIONAL CONVERGENCE AMONG CHINESE PROVINCES: A PANEL DATA INVESTIGATION USING SYSTEM GMM ESTIMATORCÉLINE BONNEFOND경제연구소 · Journal of Economic Development2014 · 제39권 제4호Inequality and Growth in the Information Age: Evidence from China정호진, 최창규, Li Su지암남덕우경제연구원 · 시장경제연구2021 · 제50권 제2호Economic Agglomeration and Regional Innovation in China : An Empirical Analysis Using the Spatial Durbin ModelChang, Mingsheng, Luo, Zhenxing한국아시아학회 · 아시아연구2024 · 제27권 제4호Urbanization and Economic inequality in China공치중한연구학회 · 중한연구학간2022 · 제29호

이 간행물의 다른 논문 (5건)

PUBLIC AND PRIVATE FIRM COMPENSATION COMPARED: EVIDENCE FROM JAPANESE TAX RETURNSMINORU NAKAZATO, ERIC B. RASMUSEN, J. MARK RAMSEYERpp. 5-33REVEALING PREFERENCES FOR FAIRNESS IN ULTIMATUM BARGAININGRAGAN PETRIE, JAMES ANDREONI, MARCO CASTILLOpp. 35-63FRAMING-BASED CHOICE: A MODEL OF DECISION-MAKING UNDER RISKSHMUEL NITZAN, KOBI KRIESLERpp. 65-89STRATEGIC CHOICE OF MANUFACTURING FLEXIBILITY IN INTERMEDIATE GOODS MARK임준pp. 91-104AN EMPIRICAL EVALUATION OF FISCAL SUSTAINABILITY NEAR AND FAR송준혁pp. 133-164
원문 보기