Research About The "Club-convergence" Phenomena During Area Progress And Its Mechanism

Under the background of economic globalization and union, the hypothesis of convergence of economic growth has been analyzed with a lot of cases in different countries and areas, but the hypothesis had not been confirmed because of the complexity and diversity of the real world, so that the technological ways of the hypothesis has been doubted. However, the unique charm of convergence of economic growth attracts more and more economist to study it broadly and delicately. Chinese economics have realized rapid growth at whole up, at the same time; the different of growth among the regions have absorbed many economist's extensive concern. The hot spots of economic growth Theories are How to interpret economics growing with the time and how to interpret the different of the regions. Economic growth is a complex system in which all factors affect each other, therefore, we must research economic growth from the angle of system, we can achieve better conclusion.Our paper is mainly research whether the absolute-convergence or the conditional-convergence which forecasted by the theory of new classic economic growth is exist in the course of regional economic growth. Under the basic hypothesis of capital marginal reward degression, the new classic economic growth theory forecast the undeveloped region has a comparative rapid growth because the lack of capital and the developed region has a comparative slow growth.On the basis of the theories which analyzing the convergence, we use the regional data from 1970-2004 to detailedly analyze the regional convergence fore-and-aft the open. Our main research conclusions are the following:①The absoluteβ-convergence is not exists in the regional economic growth, which means there is no overtake phenomena between the undeveloped and developed regions. By contraries, there have a trend of enlarging regional difference;②During the course of regional economic growth, there is no common conditionalβ-convergence, which means although we control the save rate, human capital, regional finance level, openness, etc, we couldn't find the comparative rapid growth of undeveloped region;③But our research find the remarkable"Club-convergence". The existence of club-convergence has two meanings: Firstly, it means there is an absolute- convergence in the eastern, central and western regions. Inside each region, poorer province has a faster economic growth, and richer province has a slower economic growth. This result means inside each region, there...