INCORPORATING TECHNOLOGY DIFFUSION, FACTOR MOBILITY AND STRUCTURAL CHANGE INTO CROSS-REGION GROWTH REGRESSION: AN APPLICATION TO CHINA*
提出了一个空间动态模型,将技术扩散、要素流动和结构变化纳入跨区域增长回归,并应用于中国1980-2005年省级增长研究,发现收入存在空间相关性,强调了技术扩散和要素流动的重要性。
ABSTRACT This paper advocates a spatial dynamic model that introduces technology diffusion, factor mobility, and structural change into the cross-region growth regression. The spatial setting is derived from theory rather than spatial statistical tests. An application of this model to the study of cross-province growth in China over the period 1980–2005 indicates that incomes are spatially correlated, which highlights the significance of technology diffusion and factor mobility. Furthermore, the integration of neoclassical growth empirics and the structural change perspective of development economics provide a much improved account of interprovincial variations in income levels and economic growth.