| ID | 116520 |
| Title Proper | Spatial spillover and regional economic growth in China |
| Language | ENG |
| Author | Bai, Chong-En ; Hong Ma ; Pan, Wenqing |
| Publication | 2012. |
| Summary / Abstract (Note) | This paper investigates the spatial structure of the provincial economic growth and the spatial spillover in China from 1998 to 2008. First, we apply Moran's index to detect the positive spatial autocorrelations across the provinces of China. Second, we build a new economic geography model and the role of market potential in promoting regional income growth is highlighted. Third, two measures of market potential are constructed and a spatial error model is adopted to obtain the estimations, considering spatial autocorrelation. Controlling for major inputs, such as labor, capital, and human capital, the market potential continues to promote substantial regional growth. On average, an increase of 10 percentage points in the market potential increases the regional GDP per capita growth by 3-5 percentage points. |
| `In' analytical Note | China Economic Review Vol. 23, No.4; Dec 2012: p.982-990 |
| Journal Source | China Economic Review Vol. 23, No.4; Dec 2012: p.982-990 |
| Key Words | Spatial Spillover ; Regional Economic Growth ; Market Potential |