This paper employs a dynamic panel model with the data from the 28 Chinese regions over the period 1953～1998 to test whether convergence exists across regions with the basic Solow model(1956) and the human-capital au...
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This paper employs a dynamic panel model with the data from the 28 Chinese regions over the period 1953～1998 to test whether convergence exists across regions with the basic Solow model(1956) and the human-capital augmented Solow model(Mankiw,Romer,and Weil(1992)).The regressions in this paper show strong evidence of absolute and conditional β-convergence across regions and over time,which,in combination with the evidence of σ-divergence,suggests that China is currently on the first catching up stage of the inverted-U curve invented by Kutznet(1995),which implies that the poor regions today will eventually catch up the rich regions tomorrow following the development evolution path of Chinese *** addition,this paper focuses on the evidence of technical progress variables,and argues that the construction of a technical-progress-accelerating soft-environment should the one of the main focuses by the policy makers in order to attain a sustainable high growth rate in the future.
Resources and environmental accounting has become an increasing important issue in the international statistical *** paper briefly introduces the development and progress of some countries and international organizati...
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Resources and environmental accounting has become an increasing important issue in the international statistical *** paper briefly introduces the development and progress of some countries and international organizations in this area,and provides corresponding comments to their practice.
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