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China’s high-quality economic development: a study of regional variations and spatial evolution

Author

Listed:
  • Wanping Yang

    (Xi’an Jiaotong University)

  • Ruoying Huang

    (Xi’an Jiaotong University)

  • Dong Li

    (Xi’an Jiaotong University)

Abstract

Based on the current reality of unbalanced and inadequate regional economic development in China, this study constructs a comprehensive index system to asses China’s economic development quality across six dimensions: innovation dynamic, coordinated development, market governance, green transformation, open economy, and people’s welfare. It employs the vertical and horizontal scatter degree approach that better captures the inherent characteristics of data to dynamically measure China’s high-quality economic development index (HQEDI) and unveils its spatial interaction patterns through a modified dynamic Spatial Durbin Model. Findings indicate that China’s HQEDI demonstrates a persistent upward trend and an expanding cycle, with significant spatial agglomeration effects. The spatial correlation structure portrays an imbalanced distribution of HQEDI, with Shanghai and Beijing as the center, the eastern coast as the secondary center, the central and western regions occupying subordinate positions. Under various spatial weights, China’s HQEDI exhibits conditional β convergence and positive spillover effect. Convergence rates decreases in the order of “Central-West-Northeast-East,” with corresponding convergence cycles increasing in this order.

Suggested Citation

  • Wanping Yang & Ruoying Huang & Dong Li, 2024. "China’s high-quality economic development: a study of regional variations and spatial evolution," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-30, April.
    • Handle: RePEc:kap:ecopln:v:57:y:2024:i:2:d:10.1007_s10644-024-09676-z
    DOI: 10.1007/s10644-024-09676-z
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    References listed on IDEAS

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    1. Jorge Martínez-Vázquez & Violeta Vulovic & Blanca Moreno Dodson, 2012. "The Impact of Tax and Expenditure Policies on Income Distribution: Evidence from a Large Panel of Countries," Hacienda Pública Española / Review of Public Economics, IEF, vol. 200(1), pages 95-130, March.
    2. LAU, Chi Keung Marco, 2010. "New evidence about regional income divergence in China," China Economic Review, Elsevier, vol. 21(2), pages 293-309, June.
    3. Xiangyu Hua & Haiping Lv & Xiangrong Jin, 2021. "Research on High-Quality Development Efficiency and Total Factor Productivity of Regional Economies in China," Sustainability, MDPI, vol. 13(15), pages 1-22, July.
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    More about this item

    Keywords

    High-quality economic development; Dynamic evaluation; Spatial evolution; Regional differences;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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