This paper uses inter-provincial panel data from 2011 to 2017,a linear regression model,and a threshold model to conduct empirical analyses of the impact of the digital economy on China's overall economic growth a...This paper uses inter-provincial panel data from 2011 to 2017,a linear regression model,and a threshold model to conduct empirical analyses of the impact of the digital economy on China's overall economic growth and the three main sectors of industry.The paper then investigates the impact and effects the digital economy has had on the economic growth of the three main sectors of industry in China's eastern,central,and western regions.Finally,the paper investigates the most significant differences among the various regions and the threshold effects of urbanization levels on the relationship between the digital economy and economic growth.The findings indicate a significantly positive correlation between the digital economy and regional economic growth.Moreover,geographical factors notably influence this correlation.The digital economy exerts a positive effect on all sectors of industry.It may not substantially impact industrial development in regions with highly developed infrastructure.Regarding the other regions,the digital economy exhibits varying degrees of impact due to the differences in the specific indicators.The conclusion drawn by the threshold model is that the magnitude of the threshold effect correlates with geographic factors.No threshold effect was observed in the eastern region,while the threshold effect occurred in the central region when the urbanization levels for the provinces were below 0.6645.Similarly,the threshold effect was noted in the western region when the urbanization level was below 0.3931.Considering all of this,the study also offers policy recommendations that will help balance the regional development of digital economies,accelerate the digital transformation of traditional industries,enhance digital infrastructure construction,refine the formulation and implementation of data policy,and establish relevant incentive mechanisms.展开更多
Based on the data of gross domestic product(GDP),industrial added value and the proportion of industrial employees from 2000 to 2008,this paper studies the effect of industrial structure change on the regional economi...Based on the data of gross domestic product(GDP),industrial added value and the proportion of industrial employees from 2000 to 2008,this paper studies the effect of industrial structure change on the regional economic growth of Beijing-Tianjin-Hebei Metropolitan Region in China using the shift-share method.The results show that:1) In the 21st century,the industrial output of three industries,namely,primary,secondary,and tertiary,and the GDP grew rapidly in the study period.The tertiary industry grew the fastest;it had the largest contribution to the GDP and mean-while had become the most competitive industry in the metropolitan region.2) The development of cities within the region was not balanced.Firstly,compared with Tianjin,Beijing,as one of the two core cities,was more rational in the industrial structure.Secondly,the surrounding eight cities,which are Shijiazhuang,Qinhuangdao,Tangshan,Langfang,Baoding,Cangzhou,Zhangjiakou,and Chengde,were all uncompetitive than the two core cities.3) There was a great industrial gradient in the region(especially between the two core cities and the cities of Tangshan,Baoding,Zhangjia-kou,Chengde,Cangzhou,and Langfang).As a result,it is foreseeable that the industry transfer in the Bei-jing-Tianjin-Hebei Metropolitan Region will be one of the trends in regional development,and the industry transfer is inevitably to promote the regional integration.展开更多
Nowadays,it has been in the period of rapidly developing China’s economy.Since the financial crisis in 2008,China has paid more and more attention to investing in fixed assets,and the growth rate of investing in fixe...Nowadays,it has been in the period of rapidly developing China’s economy.Since the financial crisis in 2008,China has paid more and more attention to investing in fixed assets,and the growth rate of investing in fixed asset is also rising.However,when promoting regional economic growth,if we only pay attention to the total amount of fixed asset investment,there will inevitably exist some blindness and lack of sustainability.Therefore,the study between the investment structure of fixed assets and regional economic growth is quite important.China has a vast territory and many regions.The investment structure of fixed assets in different regions is also different,so the influence on economic growth is also different.This paper analyzes the investment structure of fixed assets and regional economic growth,and help realize the rapid growth of regional economy by recognizing the current situation of China's investment structure of fixed assets.展开更多
Intellectual capital(IC)has become a universal performance indicator for the socioeconomic development of countries and regions.Based on a review ofnational intellectualcapital(NIC)and regional intellectualcapital(RIC...Intellectual capital(IC)has become a universal performance indicator for the socioeconomic development of countries and regions.Based on a review ofnational intellectualcapital(NIC)and regional intellectualcapital(RIC)evaluation literature,we used the regional intellectualcapitalindicator(RICI)as a model for China’s RIC evaluation to indirectly understand China’s potential economic growth drivers.Specifically,we collected statisticaldata of31 provinces(including municipalities and autonomous regions)in China from 2004 to 2016to measure RICI and analyze its dynamic characteristics from temporal and spatial perspectives.In this paper,Delphi analysis was used to construct RICI model,and cluster analysisand exploratory spatial data analysis were used to analyze the temporal and spatial characteristics of RICI in China.The results showedthat RICI,which represents China’s overall economic growth drivers,increases annuallyand is consistent with economic developmentlevelduring the study period.Regarding the geo-spatial space,RICI follows the trend of“high in the east and low in the west”,gradually decreasing from eastern to western China.ForRIC structure,the shape of the radar chart of IC structure located in the eastern coastal areas is usually biased towards strong external relational capital,while that in western China is generally biased towards structural capital.For spatial correlation,China’s RICI has dependence on geographical adjacent space and economic space.Our research can provide policy suggestions for the sustainable development of regional economy from an IC perspective.展开更多
China has entered a crucial period of further growth and restructuring that will last until 2025. Based on a review of the major factors affecting China's potential economic growth, this paper has created an integrat...China has entered a crucial period of further growth and restructuring that will last until 2025. Based on a review of the major factors affecting China's potential economic growth, this paper has created an integrated economic system model consisting of system dynamics, econometrics, and input-output for the forecast of China's economic size and structure by 2025. Analysis shows that prior to 2025, China will be able to maintain a potential annual economic growth rate of 5.7%-7.2%. Faced with an international environment of a possible slowdown of advanced economies and diminishing demographic dividends, China needs to further expedite its urbanization process, enhance R&D and education spending, increase total factor productivity (TFP), vigorously develop the tertiary sector, and expand consumption in order to achieve the optimistically estimated growth of 6.6%-7.4% during the period of 2015-2025. Economic growth should be accompanied by the upgrade of industry structure and improvement of investment and consumption structures.展开更多
Regional economic development can be enhanced through the development of an airport economy that includes: changing the regional elements endowment at the micro scale, coupling with regional industries at the medium s...Regional economic development can be enhanced through the development of an airport economy that includes: changing the regional elements endowment at the micro scale, coupling with regional industries at the medium scale, and accelerating tax revenues and employment growth at the macro scale. As a representative example of the Chinese airport economy, the Zhengzhou Airport Economic Zone(ZAEZ) has played a significant leading and demonstrating role in the following fields: deepening the system reforms in an all-round way, promoting the "synchronization of five modernizations", building "one carrier and four systems", constructing "Four Henan", advancing the structural reform of supply-side and integrating the resources of the Henan airport. This article concludes: The supply-side structural reform needs to be accelerated and integrated into the international frontiers under "the Belt and Road" initiative. The ZAEA development has promoted the innovation of regional development patterns and showed the tendency toward the "five modernizations" of future regional development. The airport economy has developed rapidly based on the international aviation transportation system, and may change the traditional development patterns of regional centers located in coastal areas, and open a new era of regional development in the inland regions.展开更多
By using index β * and δ * ,this paper carries out an empirical analysis on diversity of regional economic growth in Jiangsu province. Firstly, the paper, from the point of view of economics, divides ...By using index β * and δ * ,this paper carries out an empirical analysis on diversity of regional economic growth in Jiangsu province. Firstly, the paper, from the point of view of economics, divides diversity theories of economic growth into three categories, i.e. the theory of convergence, the theory of divergence and the theory of constant differentials, and analyses them respectively. Secondly, the paper, using sectional and time series data, compares and studies regional economic growth among southern, middle and northern part of Jiangsu province. Finally, the paper analyses the empirical conclusions. The main conclusion is that the theory of convergence is suit to Jiangsu economic growth.展开更多
文摘This paper uses inter-provincial panel data from 2011 to 2017,a linear regression model,and a threshold model to conduct empirical analyses of the impact of the digital economy on China's overall economic growth and the three main sectors of industry.The paper then investigates the impact and effects the digital economy has had on the economic growth of the three main sectors of industry in China's eastern,central,and western regions.Finally,the paper investigates the most significant differences among the various regions and the threshold effects of urbanization levels on the relationship between the digital economy and economic growth.The findings indicate a significantly positive correlation between the digital economy and regional economic growth.Moreover,geographical factors notably influence this correlation.The digital economy exerts a positive effect on all sectors of industry.It may not substantially impact industrial development in regions with highly developed infrastructure.Regarding the other regions,the digital economy exhibits varying degrees of impact due to the differences in the specific indicators.The conclusion drawn by the threshold model is that the magnitude of the threshold effect correlates with geographic factors.No threshold effect was observed in the eastern region,while the threshold effect occurred in the central region when the urbanization levels for the provinces were below 0.6645.Similarly,the threshold effect was noted in the western region when the urbanization level was below 0.3931.Considering all of this,the study also offers policy recommendations that will help balance the regional development of digital economies,accelerate the digital transformation of traditional industries,enhance digital infrastructure construction,refine the formulation and implementation of data policy,and establish relevant incentive mechanisms.
基金Under the auspices of Major Program of National Social Science Foundation of China (No. 10ZD&022)Youth Research Project of Ministry of Education (Humanities and Social Sciences) (No. 10YJC790020)Central University of Finance and Economics'121 Talent Project' Fundation for Youth Doctor Development (No. QBJGL201004)
文摘Based on the data of gross domestic product(GDP),industrial added value and the proportion of industrial employees from 2000 to 2008,this paper studies the effect of industrial structure change on the regional economic growth of Beijing-Tianjin-Hebei Metropolitan Region in China using the shift-share method.The results show that:1) In the 21st century,the industrial output of three industries,namely,primary,secondary,and tertiary,and the GDP grew rapidly in the study period.The tertiary industry grew the fastest;it had the largest contribution to the GDP and mean-while had become the most competitive industry in the metropolitan region.2) The development of cities within the region was not balanced.Firstly,compared with Tianjin,Beijing,as one of the two core cities,was more rational in the industrial structure.Secondly,the surrounding eight cities,which are Shijiazhuang,Qinhuangdao,Tangshan,Langfang,Baoding,Cangzhou,Zhangjiakou,and Chengde,were all uncompetitive than the two core cities.3) There was a great industrial gradient in the region(especially between the two core cities and the cities of Tangshan,Baoding,Zhangjia-kou,Chengde,Cangzhou,and Langfang).As a result,it is foreseeable that the industry transfer in the Bei-jing-Tianjin-Hebei Metropolitan Region will be one of the trends in regional development,and the industry transfer is inevitably to promote the regional integration.
文摘Nowadays,it has been in the period of rapidly developing China’s economy.Since the financial crisis in 2008,China has paid more and more attention to investing in fixed assets,and the growth rate of investing in fixed asset is also rising.However,when promoting regional economic growth,if we only pay attention to the total amount of fixed asset investment,there will inevitably exist some blindness and lack of sustainability.Therefore,the study between the investment structure of fixed assets and regional economic growth is quite important.China has a vast territory and many regions.The investment structure of fixed assets in different regions is also different,so the influence on economic growth is also different.This paper analyzes the investment structure of fixed assets and regional economic growth,and help realize the rapid growth of regional economy by recognizing the current situation of China's investment structure of fixed assets.
基金This research received financial support from the National Social Science Foundationof China(13AJY004).
文摘Intellectual capital(IC)has become a universal performance indicator for the socioeconomic development of countries and regions.Based on a review ofnational intellectualcapital(NIC)and regional intellectualcapital(RIC)evaluation literature,we used the regional intellectualcapitalindicator(RICI)as a model for China’s RIC evaluation to indirectly understand China’s potential economic growth drivers.Specifically,we collected statisticaldata of31 provinces(including municipalities and autonomous regions)in China from 2004 to 2016to measure RICI and analyze its dynamic characteristics from temporal and spatial perspectives.In this paper,Delphi analysis was used to construct RICI model,and cluster analysisand exploratory spatial data analysis were used to analyze the temporal and spatial characteristics of RICI in China.The results showedthat RICI,which represents China’s overall economic growth drivers,increases annuallyand is consistent with economic developmentlevelduring the study period.Regarding the geo-spatial space,RICI follows the trend of“high in the east and low in the west”,gradually decreasing from eastern to western China.ForRIC structure,the shape of the radar chart of IC structure located in the eastern coastal areas is usually biased towards strong external relational capital,while that in western China is generally biased towards structural capital.For spatial correlation,China’s RICI has dependence on geographical adjacent space and economic space.Our research can provide policy suggestions for the sustainable development of regional economy from an IC perspective.
基金an outcome of Study on China’s Potential Economic Growth Calculations,which is a major program of the National Social Sciences Foundation(Grant No.12AZD096)~~
文摘China has entered a crucial period of further growth and restructuring that will last until 2025. Based on a review of the major factors affecting China's potential economic growth, this paper has created an integrated economic system model consisting of system dynamics, econometrics, and input-output for the forecast of China's economic size and structure by 2025. Analysis shows that prior to 2025, China will be able to maintain a potential annual economic growth rate of 5.7%-7.2%. Faced with an international environment of a possible slowdown of advanced economies and diminishing demographic dividends, China needs to further expedite its urbanization process, enhance R&D and education spending, increase total factor productivity (TFP), vigorously develop the tertiary sector, and expand consumption in order to achieve the optimistically estimated growth of 6.6%-7.4% during the period of 2015-2025. Economic growth should be accompanied by the upgrade of industry structure and improvement of investment and consumption structures.
文摘Regional economic development can be enhanced through the development of an airport economy that includes: changing the regional elements endowment at the micro scale, coupling with regional industries at the medium scale, and accelerating tax revenues and employment growth at the macro scale. As a representative example of the Chinese airport economy, the Zhengzhou Airport Economic Zone(ZAEZ) has played a significant leading and demonstrating role in the following fields: deepening the system reforms in an all-round way, promoting the "synchronization of five modernizations", building "one carrier and four systems", constructing "Four Henan", advancing the structural reform of supply-side and integrating the resources of the Henan airport. This article concludes: The supply-side structural reform needs to be accelerated and integrated into the international frontiers under "the Belt and Road" initiative. The ZAEA development has promoted the innovation of regional development patterns and showed the tendency toward the "five modernizations" of future regional development. The airport economy has developed rapidly based on the international aviation transportation system, and may change the traditional development patterns of regional centers located in coastal areas, and open a new era of regional development in the inland regions.
文摘By using index β * and δ * ,this paper carries out an empirical analysis on diversity of regional economic growth in Jiangsu province. Firstly, the paper, from the point of view of economics, divides diversity theories of economic growth into three categories, i.e. the theory of convergence, the theory of divergence and the theory of constant differentials, and analyses them respectively. Secondly, the paper, using sectional and time series data, compares and studies regional economic growth among southern, middle and northern part of Jiangsu province. Finally, the paper analyses the empirical conclusions. The main conclusion is that the theory of convergence is suit to Jiangsu economic growth.