Dynamic Changes in the Convergence of Regional Economic Growth in China: 1978-2017

Abstract

Abstract: In the past 40 years of reform and opening up, the convergence of regional economic growth in China has become more obvious. The per capita GDP growth of the region has not only continued to rise, but the level gap has also been shrinking, there is a conditional convergence phenomenon, and the "club convergence" phenomenon of economic growth in the eastern and coastal regions is remarkable. After entering the 1990s, the trend of growth convergence has become more and more prominent. The international financial crisis in 2008 did not change the development trend of growth convergence. In the future, we must continue to adhere to reform and opening up, make up the shortcomings of local institutions and factors, and actively cultivate and develop a series of basic factors that are conducive to the convergence of regional per capita GDP growth in order to achieve more coordinated regional development.

Key words: reform and opening up, growth convergence, conditional convergence, club convergence, regional coordinated development

CLC Number:

F120.4
F207

XU Wen-ge, LIU Yang. Dynamic Changes in the Convergence of Regional Economic Growth in China: 1978-2017[J]. , 2019(05): 1-11.

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