On the Relationship Between Openness and Growth in China: Evidence from Provincial Time Series Data
AbstractThe effect of increasing openness on real output growth in China is examined. The framework of analysis is a regression model that uses time-series data for each province. For east coastal provinces, increasing openness is found to have positive effects on real output growth, and some of the effects are statistically significant. The results appear to be broadly consistent with the new growth theories that openness enhances long-run growth through its impact on technological improvement. However, inland provinces in China have been isolated from world trade for several decades and their economies devastated. An increased openness in these provinces is found to have, in most cases, negative effects on real output growth. Copyright 2004 Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal The World Economy.
Volume (Year): 27 (2004)
Issue (Month): 10 (November)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0378-5920
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- Jalil, Abdul, 2012. "Modeling income inequality and openness in the framework of Kuznets curve: New evidence from China," Economic Modelling, Elsevier, vol. 29(2), pages 309-315.
- Li, Yao, 2008. "Industrial Agglomeration and Wage Inequality in China," MPRA Paper 11426, University Library of Munich, Germany, revised Oct 2008.
- Resmini, Laura, 2006. "Theoretical and Methodological Study on Comparative Advantages in Dynamic Growth Regions, Convergence and Inequalities Patterns," Papers DYNREG03, Economic and Social Research Institute (ESRI).
- Vanegas, Manuel, Sr. & Croes, Robertico, 2007. "Tourism, Economic Expansion and Poverty in Nicaragua: Investigating Cointegration and Causal Relations," Staff Papers 7306, University of Minnesota, Department of Applied Economics.
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