Regional disparity and economic growth in China - The impact of labor market distortions
Regional disparity and economic growth in China - The impact of labor market distortions
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DOI：
10.1016/s1043-951x(02)00072-x
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发表时间：
2002-01-01
影响因子：
6.8
通讯作者：
Du, Y
中科院分区：
文献类型：
--
作者：
Cai, F;Wang, D;Du, Y
本文试图在新古典增长理论的趋同框架下分析中国的地区差距。本文以农业劳动生产率作为劳动力市场扭曲的指标，在控制了一组决定经济增长率的变量的情况下，考察了劳动力市场成熟度的地区差异对地区经济增长绩效的影响。研究发现：（1）中国经济增长存在条件收敛性，即初始年份的人均GDP与随后年份的经济增长率呈负相关;（2）劳动力市场扭曲对地区经济增长率产生负面影响;（3）与新古典增长理论所预期的一样，许多其他变量也会影响经济增长绩效。(C)2002年爱思唯尔科技有限公司All rights reserved.
The paper tries to analyze China's regional disparity in a framework of convergence in neoclassical theory of growth. We employ comparative productivity of agricultural labor as an index of labor market distortion to see the impact of difference of labor market maturity among regions on regional growth performance, controlling for a set of variables determining growth rate. The finding is that (1) there is an evidence of conditional convergence in China's growth, namely, per capita GDP in the initiative year is negatively related to growth rates in following years, (2) labor market distortion negatively impacts regional growth rates, and (3) many other variables used at previous studies impact growth performance, as is expected by neoclassical theory of growth. (C) 2002 Elsevier Science Inc. All rights reserved.