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Convergence in China’s high-tech industry development performance: a spatial panel model

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  • Xiao Ze-Lei
  • Du Xin-ya
  • Fan Fei

Abstract

At present, there exist both regional-scale and regional performance differences in China’s high-tech industry development. Performance differences will inevitably affect resource allocation in regional high-tech industry and in the upgrading of industrial structure. Thus, this article conducts a systematic study of convergence issues in China’s high-tech industry development performance by adopting the spatial panel econometric method and related approaches.First, to measure the comprehensive performance of China’s high-tech industry development, the study applies the Malmquist index and efficacy coefficient method from the perspective of R&D efficiency and economic efficiency; then, by adopting a spatial autoregressive (SAR) panel data model, it studies the absolute $$\beta $$β convergence and convergence mechanism of China’s provincial high-tech industry development performance from 2001 to 2013. The results indicate the existence of distinct absolute $$\beta $$β convergence in China’s high-tech industry development performance since the 21st century, which is mainly due to technology diffusion. The convergence rate of central China is notably faster than that of other regions.

Suggested Citation

  • Xiao Ze-Lei & Du Xin-ya & Fan Fei, 2017. "Convergence in China’s high-tech industry development performance: a spatial panel model," Applied Economics, Taylor & Francis Journals, vol. 49(52), pages 5296-5308, November.
    • Handle: RePEc:taf:applec:v:49:y:2017:i:52:p:5296-5308
    DOI: 10.1080/00036846.2017.1305091
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