The Spatial Econometric Analysis of Economic Convergence Trend in the Western Region of China--An Empirical Study on the 67 Cities in the "One Belt and One Road" Area
Humanities and Social Sciences
Volume 3, Issue 5, September 2015, Pages: 256-260
Received: Nov. 26, 2015; Published: Nov. 26, 2015
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Author
Diwen Jiang, School of Economics, Shanghai University, Shanghai, China
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Abstract
The "One Belt and one Road" development strategy is put forward for the development of the western region of China. This paper uses the spatial economic model to do some empirical research on the economic convergence trends in western regions of China. Our results shows that the regional economic growth has a strong space correlation; After considering the spatial factors, the 67 cities have the convergence trend of economic development; beta convergence is more significant when we add the government impact factor, suggesting that the government plays an important role in the economic development convergence trend, but the employment factor’s effect on the convergence trend in the development of economy is still in doubt.
Keywords
Spatial Autocorrelation, Absolute Convergence, Conditional Convergence, Convergence Trend
To cite this article
Diwen Jiang, The Spatial Econometric Analysis of Economic Convergence Trend in the Western Region of China--An Empirical Study on the 67 Cities in the "One Belt and One Road" Area, Humanities and Social Sciences. Vol. 3, No. 5, 2015, pp. 256-260. doi: 10.11648/j.hss.20150305.24
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