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A Study On The Convergence Of Regional Economic Growth

Posted on:2015-08-12Degree:MasterType:Thesis
Country:ChinaCandidate:L GaoFull Text:PDF
GTID:2279330431497621Subject:National Economics
Abstract/Summary:PDF Full Text Request
China has been carried out more than30years from a planned economy to the market economic system reform since1978. During this period, the Chinese economy achieved an average annual growth of nearly10%. So we can not avoid the impact of this system on China’s economic growth factors when we study the growth of Chinese economic. On the contribution of market-oriented process of economic growth, in addition to theoretical studies,but also lacking of more in-depth empirical test. Market process as a transition to a market economy from a planned economic system is not only the changes of a few rules, but changes in a range of economic, social and legal system, or a series of large-scale institutional changes. The past empirical research literature in this area usually only use one or several proxy variables to reflect market-oriented reforms because the relevant market information is not sufficient,but they are not comprehensive because they do not reflect market transformation impact on economic growth picture.According to the modern theory of economics, a high degree of regional and local in modern market economy, and its steady economic growth, balanced and consistent convergence generally should meet the following three basic criteria and conditions:(1)Micro-economic status, such as separate economies especially the enthusiasm and initiative such as economies of enterprises can be fully exploited, playing a real role in regional economic growth momentum.(2)Market mechanisms become the primary means of allocation of economic resources. In efficiency of economic development whether its performance is more obvious, and thus economic growth in the region can truly act as a "lubrication" feature.(3)In the process of economic growth in the production of scientific and technological level "diffusion that spillover" can become a significant standard of fair competition, thereby bringing the entire region to enhance the level of economic development through scientific "knowledge spillovers" form.Therefore, the study of the convergence of the Market conditions for economic growth, the study of regional economic imbalances, all need us to combine the three standard conditions, and in the form of mathematical symbols embodied in the specific model for systematic analysis. Only from this perspective, can we effectively analyze the interaction between the three criteria s.We can find the way to achieve regional economic convergence purposes.This article is based on academic research on the past, learning from their experience in the theory and practice, through the establishment of a more effective mathematical model, symbolic elements to analyze the regional economic conditions of the market economy convergence problems.
Keywords/Search Tags:market-oriented process, regional economic growth, uniform convergence
PDF Full Text Request
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