Research on the correlation between regional economic growth and culture industry of our nation

For a nation, culture is not only the promotion and enhancement to the national spirit and the realm of life, but also an essential content and indispensable support force to achieve economic development, it is the important cause and prominent of the overall strength and the main carrier and specific embodiment of a nation＇s ＂soft power＂, besides, it also represents the degree of civilization, level of development and height of this nation. Culture and cultural industry endow with the modern culture with new meaning, it requires that at the time we achieve the prosperity and development of culture, we must actively explore and operate a scientific mechanism which is most able to release the energy of the culture and play cultural efficiency, and then develop the industrial pathway of the cultural. Cultural industry is a little different from the general industry. This causes the special natm-e of the cultural industry which is different from other industries. Different water and soil raised different people, inheriting national culture and developing cultural industry can be described as the unity of the three ones.

Integration Path of Coastal Leisure Tourism Resources in Rizhao Based on Regional Economic Theory

Aiming at the rapid development of leisure tourism in coastal cities,the regional economic theory was first analyzed based on existing studies,the integration path of coastal leisure tourism resources in Rizhao was explored using the theory of unbalanced growth of regional economy and the theory of industrial agglomeration,and four countermeasures were proposed for the development of coastal leisure tourism in Rizhao City.

The Spatial Spillover Effect of Input and Output of Scientific Progress on Regional Economic Growth: The Case of Guangdong Province

This paper makes an empirical analysis of the spatial spillover effect of regional economic growth by using Moran’s I and Spatial Durbin Model to study the input and output of technological progress, with the panel data of 21 prefecture-level cities in Guangdong Province from 2008 to 2017. The empirical results show that the spatial autocorrelation exists in the economic development of Guangdong Province, and both the input and output of scientific research innovation have a significant positive effect on the regional economic growth. Under the spatial contiguity weights matrix, the output of scientific research and innovation has a more obvious spillover effect on the economic growth of neighboring cities than the input of scientific research and innovation.

A Review on China’s Transportation Development Theory from the Perspective of Regional Economics

Transportation is the lifeline of human civilization and an important component of the infrastructure for economic growth.As transportation is closely related to regional economic development,the summarization of China's transportation development theory from the perspective of regional economics will be conducive to clarifying the relationships between transportation and regional economic development and providing basic theoretical support for regional economic research and policy application.From the perspective of regional economics,China’s transportation development theory falls into two categories:transportation resource allocations,and the interactions between transportation and economic development.In recent years,there has been a trend toward the integration of transportation development research with regional economic growth,and a deeper understanding of the relationships between them has been achieved.

The End of Western Economic Growth Theory

Economics is a science that studies how the economy grows,so the theory of economic growth is the most important theory of economics.In the real market economy society,people achieve the goal of economic growth through two kinds of economic activities:production and transaction.Then a correct economic growth theory must be one that can explain both production and transaction economic activities.Just like Newton’s law of universal gravitation in physics,it can explain the motion law of all objects.For a long time,we have been dominated by the western economic growth theory of western mainstream economics.It is not difficult to find that it has a fatal defect,which can only explain production economic activities but not transaction economic activities.So it can’t explain the Chinese economy,and it can’t explain the western economy.The new economic growth theory proposed in this paper makes up for the defects of western economic growth theory,and it is the terminator of western economic growth theory.This is a revolution of new economics to traditional western economics.

Research on the Digital Economy's Impact on China's Economic Growth:Based on the Variations in Urbanization Levels Across China's Eastern,Central,and Western Regions and Sectoral Heterogeneity

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.

Empirical Study on Effect of Industrial Structure Change on Regional Economic Growth of Beijing-Tianjin-Hebei Metropolitan Region

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.

Regional Financial Development and Regional Economic Growth: An Empirical Analysis of Suzhou City, China

There are many defects in researches on the relationship of the regional financial development (FD) and economic growth of China, such as simply assuming the causality direction, not highlighting financial institution, using incomplete financial indicator, etc. This article, taking Suzhou City of Jiangsu Province, China as a case, builds a simple model to study the level of FD from three aspects of financial scale, structure and institution. Three original indicators of PRIVY (private investment/aggregate investment), DEPTH (aggregate loan/GDP) and FDIVG (FDI/GDP) are used to construct the FD economic indicator through Principal Component Analysis approach. Then we use Granger method to analyze the relationship between the FD and the economic growth of Suzhou. Empirical test results show that the FD of Suzhou is the Granger reason of economic growth, while economic growth is not the reason for FD, because the relationship between the FD and the economic growth of Suzhou is just in the ″supply-leading″ period. In terms of Suzhou experiences, the local government should strengthen the protection of private investment, improve the institutional environment, and establish the reasonable financial structure. So we can concluded that FD could play a great role in promoting economic growth at the economy takeoff stage.

The role of R&D and economic policy uncertainty in Sri Lanka’s economic growth

In this paper,we assess the role of investment in research and development(R&D)and economic policy uncertainty(EPU)in Sri Lanka’s economic growth experience.We do this by first determining which endogenous growth theories best explain the evolution of total factor productivity(TFP)in the country.Using historical time series data(1980–2018),we find that semi-endogenous growth theories best explain the evolution of TFP in Sri Lanka.This evidence suggests that R&D is critical to the country’s TFP expansion.We find that,through R&D,EPU has a crucial detrimental impact on TFP growth,although it is short-lived.Our findings are robust and have important implications for R&D investment and for moderating EPU.

The Role of China's High-Tech Zones in Its Regional Economic Development

National high-tech industrial development zones represent a major strategy of the Chinese government in developing high-tech industries and spurring regional economic growth. The effect of this policy is yet to be proven. Based on the panel data of 283 Chinese cities between 1984 and 2012, this paper investigates the effect of high-tech zones on regional economic development. Empirical results suggest that first, national hightech zones have remarkably enhanced regional GDP and per capita GDP growth, and this conclusion still holds true after multiple rounds of robustness test; second, the economic effect of national high-tech zones is subject to diminishing marginal return and compared with higher-tier cities, lower-tier cities benefited more from the creation of national hightech zones. This paper concludes that national high-tech zones where special policies are experimented and offered not only drive economic development but, if properly distributed across regions, may help reduce regional economic disparities as well. The results of this study provide important implications for the future distribution of national high-tech zones and the creation of other relevant policies.

Impact of openness, economic policy reform and regional shocks on trade and growth of Thailand： An econometric study

Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalization. Nevertheless, several recent internal and external factors e.g. the massive SARS and avian flu outbreaks, the Indian Ocean tsunami devastation, the Asia financial crisis and domestic policy reforms （ICSEAD, 2006） have also impeded this policy. While the issues are important for Thailand and developing countries in Asia, only limited research has been undertaken to investigate them. The paper conducts a substantive quantitative study to contribute to these trade and development policy issues. A new econometric modelling policy method, namely the generalized gravity theory （Tran Van Hoa, 2004） is used to develop a simple flexible simultaneous-equation econometric model of Thailand＇s openness model with its seven major trade partners （ASEAN-4, Australia, the USA, the EU, China, Japan and India）. Using data from the ICSEAD, the World Development Indicators and the Bank of Thailand databases, the paper reveals efficient and reliable empirical findings on trade-growth causality, trade determination including the impact of shocks and policy reform on trade and growth between Thailand and its major trade partners over the past two decades. The paper also provides evidence on the linkages between trade in goods, FDI and services and regional economic integration for more credible policy implications.

The effects of land market development on economic growth: an empirical analysis based on Chinese panel data,1999-2005

Optimized land resources allocation is important for economic growth because land is one of the basic elements for economic development. And urban land resources allocation has had an increasingly important influence since the Chinese socialist market economy system was established. This paper estimates the production function of both the secondary and the tertiary industries of China＇s 31 provinces, autonomous regions and municipalities directly under the central government through an analysis of the panel data of the total output value of the secondary and the tertiary industries, invested capital, invested labor jorces and the land market-jeatured management of the above-mentioned regions during the period of 1999-2005. and examines the positive influence of the above- mentioned factors on regional economic output, This study concludes that urban economic output is positively related with the level of urban land resources market-featured management, since the rate of economic growth of those regions approximates 14. 7% under the condition of urban land market running during the period of 1999-2005.

The Enlightenment of Regional Spatial Structure Theory to Rural Revitalization Strategy

The rural revitalization strategy is a macro-strategic guide to solve the problem of"weak links"in the coordinated development of rural and urban regions.Geography responded positively to the national strategy and made a preliminary discussion on the scientific theoretical basis and research direction of rural revitalization strategy.The paper integrated application of the spatial structure theory of geography and the time-space research scientific thinking,respectively discussed the core edge theory,growth pole and point axis theory,theory of stage of industrialization and urbanization,rural settlement type,infrastructure construction patterns,such as the theoretical guidance and application of strategy of rejuvenating rural to rural revitalization of the full implementation of the strategy to provide theoretical support and practical guidance.

Spatio-temporal characteristics of regional sustainable economic growth drivers of China

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.

A Study on Investment Structure of Fixed Assets and Regional Economic Growth

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.

Turn regional divide into sustained growth potential—Taking advantage of regional gaps in fighting crisis and maintaining growth

Regional economic disparities are often regarded as signs of a country’s uneven or backward development.After analyzing China’s regional economic performances from 2003 to 2007,this paper concludes that the emergence of interior regions provides new momentum for China’s economic growth,and regional disparities can be taken as an important source in countering the current economic cycle and maintaining rapid growth.

Financial deepening and regional economic growth Analysis on Circum-Bohai-Sea Region

Financial deepening can improve economic growth by facilitating capital liquidity and promoting efficiency of allocating resource, which has played an important role in the development of the Pearl River Delta and the Yangtze River Delta in China. As a new economic growth pole, Circum-Bohai-Sea Region should focus on internal financial deepening. In this paper, SWOT analysis is used to observe the level of financial deepening in Circum-Bohai-Sea Region, and some related policy suggestions are given in the end.

Water Resource and Regional Economic Growth Study Based on Panel Data

Empirical analysis to the relationship between water resource scarcity degree and economic growth were done by building relationship model between water resource scarcity degree and regional economic growth with provincial panel data of 30 provinces during 2000-2009. The analysis results show that, in water resource scarcity regions, the shortage of water resource is the key factor of restricting economic development. In order to alleviate the shortage of water resource and meet the needs of economic development to water resource, it is necessary to speed up the establishment of water right trading market and finally achieve the goal of water-saving and regulation of water resource by economic leverage. The specific countermeasures include： first, comprehensively considering the endowment difference of water resource when carrying out industrial planning and layout; second, speeding up the establishment of water right trading market and revising water-saving incentive mechanism; third, increasing fiscal transfer payment ability to the provinces of outputting water resource; fourth, strengthening industrial guidance, making moderate industrial transfer and population movement; fifth, paying attention to science, technology and education investment, to improve utilization efficiency of water resource.

Validity Checks for Natural Resource Regulation on Regional Economic Growth in China on the Basis of Provincial Panel Data

We analyze the mechanism of natural resource regulation on regional economic growth and estimate the model based on panel data for 31 Chinese provinces from 2000 to 2009. Our findings suggest that a fixed effect model is more appropriate than a mixed cross section or random effect model. A fixed effect model between natural resource regulation and regional economic growth quantity and quality was constructed to check the validity of natural resource regulation on regional economic growth. We found that natural resource regulation is effective at regulating regional economic growth; and natural resource regulation restrains regional economic speed to some extent. The per unit growth of natural resource regulation intensity will cut 24.6 billion CNY in gross domestic product; however, natural resource regulation can improve the quality of regional economic growth. Growth in the per unit natural resource regulation intensity will increase the index of regional economic growth quality by 0.022 units. In summary, these data support the proposal for using natural resources to regulate regional economic growth and transformation.

Does digitalization mitigate regional inequalities?Evidence from China

Regional inequality significantly influences sustainable development and human well-being.In China,there exists pronounced regional disparities in economic and digital advancements;however,scant research delves into the interplay between them.By analyzing the economic development and digitalization gaps at regional and city levels in China,extending the original Cobb-Douglas production function,this study aims to evaluate the impact of digitalization on China's regional inequality using seemingly unrelated regression.The results indicate a greater emphasis on digital inequality compared to economic disparity,with variable coefficients of 0.59 for GDP per capita and 0.92 for the digitalization index over the past four years.However,GDP per capita demonstrates higher spatial concentration than digitalization.Notably,both disparities have shown a gradual reduction in recent years.The southeastern region of the Hu Huanyong Line exhibits superior levels and rates of economic and digital advancement in contrast to the northwestern region.While digitalization propels economic growth,it yields a nuanced impact on achieving balanced regional development,encompassing both positive and negative facets.Our study highlights that the marginal utility of advancing digitalization is more pronounced in less developed regions,but only if the government invests in the digital infrastructure and education in these areas.This study's methodology can be utilized for subsequent research,and our findings hold the potential to the government's regional investment and policy-making.