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
In this paper, a two\|sector growth model is given. The labor force transfer process from agricultural sector to industrial sector is exogenous determined. By introducing the labor force transferring function, a two\|...In this paper, a two\|sector growth model is given. The labor force transfer process from agricultural sector to industrial sector is exogenous determined. By introducing the labor force transferring function, a two\|dimension nonautonomous differential equation is obtained. The results of the model manifest that the labor force transfer delays industrial sector growth and accelerates the agricultural sector growth. It is proved that the solution of the model is asymptotic stable. By the numerical analysis, the economic growth and labor force transfer is presented under the specific parameters.展开更多
We should calculate the coupling degree of medical investment, resident health and economic growth in Sichuan Province, and make clear the coordinated development of the aforementioned three factors. In that, the gove...We should calculate the coupling degree of medical investment, resident health and economic growth in Sichuan Province, and make clear the coordinated development of the aforementioned three factors. In that, the government was able to formulate policies that feature the positive interaction and coordinated development of regional medical investment, health and economy. Methods on index system for the evaluation of health investment, resident health and economic growth were constructed, and the coupling and coordination degree of the three systems were empirically studied based on the entropy weight method, the coupling coordination model and the gray correlation method. From the perspective of time series, the overall coupling and coordination level of Sichuan Province is relatively low, and the comprehensive development level of health investment and economic growth system has lagged behind the resident health system;from the perspective of spatial distribution characteristics, in 2019, the coordinated development level of health investment resident health and economic growth coupling in western Sichuan, southern Sichuan, northern Sichuan, eastern Sichuan and northern Sichuan is in the primary coordination stage, but there is a lag in the development of the health investment system between western Sichuan and southern Sichuan, and there is a lag in the development of the economic growth system between northern Sichuan and eastern Sichuan. From the analysis of gray correlation degree, the main correlation factors are diverse. All in all, the overall coordination level of health investment, resident health and economic growth in Sichuan Province is relatively low, and in order to achieve its coordinated development, it is necessary to narrow regional differences, formulate coordinated development strategies according to local conditions, and improve the overall coordination level.展开更多
As an aspect of human capital,a positive association exists amongst health,productivity,and growth in output per capita.On the other hand,social infrastructure defined by the institution of governance has a direct eff...As an aspect of human capital,a positive association exists amongst health,productivity,and growth in output per capita.On the other hand,social infrastructure defined by the institution of governance has a direct effect on the environment upon which productive activities take place to determine outcomes.Nigeria like most African countries is bedevilled by the high prevalence of inadequate health financing and poor governance.Health financing for Nigeria consistently has fallen short of the AU health funding commitment of 15%of annual budgetary allocation to the health sector.Secondly,poor governance conditions available resources and shape the state of infrastructure,particularly health infrastructure and socioeconomic conditions.In turn,this determines individuals’level of exposure to health risks and their capacity to actively contribute to productive activity for growth stimulation and sustainability.Against this backdrop,this study added to the existing literature in the context of Nigeria,by theoretically applying the Solow augmented Mankiw-Romer-Weil structural model in the examination of the impact of government size and governance quality in the health sector,on economic growth.Autoregressive Distributed Lag(ARDL)model was adopted in the estimation.Findings show that governance quality adversely affects growth and this reduces the capacity of health spending to stimulate growth by an almost equal margin.As a result,this study recommends legislative backing to the AU health funding commitment in Nigeria.展开更多
The economic growth of China has led to increasing growth disparities between regions. Such disparities are uncontrolled and are severely negative symptoms in the process of economic development. On the basis of syste...The economic growth of China has led to increasing growth disparities between regions. Such disparities are uncontrolled and are severely negative symptoms in the process of economic development. On the basis of system dynamics(SD) modeling and the relationship between industrial relocation and regional economic growth, we construct a model of the interrelationship between the two aforementioned phenomena. The model is an effective and creative exploration for examining effects of industrial relocation on Chinese regional economic growth disparities. The SD model is employed in this study to build an inter-regional labor migration SD model, an inter-regional capital migration SD model, an intra-industry SD model, an intra-regional population SD model, and an intra-regional SD model which are based on realities in labor and capital flow from the view of industrial relocation. VENSIM software is utilized to perform a system simulation based on the data of the eastern, middle, and western regions from 2000 to 2010. Results show that industrial relocation gradually narrows the relative disparity in GDP among the three regions. Moreover, the absolute one is enlarged continuously. The absolute and relative disparities in per capita GDP among eastern, middle, and western regions generally exhibit decreasing trends.展开更多
A stochastic economic growth model may be transformed into a deterministic economic growth model with an infiaite dimentional Banach space of state-contingent capital stocks [6]. This paper proves that under the frame...A stochastic economic growth model may be transformed into a deterministic economic growth model with an infiaite dimentional Banach space of state-contingent capital stocks [6]. This paper proves that under the framework, the stochastic analogUes of the asymptotic turnpike theorems in the standard deterministic economic growth model [5] will continue tO hold if we assume that essentially smooth programs satisfy uniformly essentially dominant diagonal condition.展开更多
Based on the inter-provincial panel data for 31 provinces in China from 2000 to 2019,and incorporating geospatial factors,a spatial panel vector autoregressive(SPVAR)model consisting of population mobility,industrial ...Based on the inter-provincial panel data for 31 provinces in China from 2000 to 2019,and incorporating geospatial factors,a spatial panel vector autoregressive(SPVAR)model consisting of population mobility,industrial structure upgrading,and economic growth is constructed.The space-time impulse response function is used to analyze the space-time conduction of exogenous variables on the impact of three endogenous variables.The study found that first,the population influx barely benefited the industrial structure upgrading and economic growth.Second,the upgrading of the industrial structure would aggravate the population mobility in the province,causing low-level laborers to leave the province in shortterm,but in long-term,there would be influx of talents.Third,the economic growth in developed regions plays a significant role in promoting the industrial development of their province and population-rich provinces,but it has less impact on provinces with high-level industrial structure.Finally,policy recommendations are provided in regard to the benign interaction among population mobility,industrial structure upgrading,and economic growth in addition to clarifying the idea of economic development,implementing correct population policies,and promoting the coordinated regional development.展开更多
Sound and efficient functioning of financial systems is critical to the economic prosperity of any economy.This paper investigates the tripartite relationship between financial sector output,employment and economic gr...Sound and efficient functioning of financial systems is critical to the economic prosperity of any economy.This paper investigates the tripartite relationship between financial sector output,employment and economic growth in North Cyprus.Using relevant time series data analysis(within the framework of structural breaks and VECM),we found that financial sector output in North Cyprus is sensitive to both internal and external shocks in that its economy is well linked with the global economy,in spite of the political isolation sustained since the bifurcation of Cyprus into North and South.The study further documents evidence of the neutrality hypothesis in the finance-growth nexus.The underlying variables were weakly connected in the short-run.However,economic growth responded to the short-run shocks and handled the equilibrating process of reverting to the long-run trend and thus,the demand following hypothesis is confirmed in the long-run.展开更多
In this paper, we analyze direct and indirect effects of economic sanctions on I. R. Iran’s economic growth from 1979 to 2012 focusing on the external sector of the economy. Our data for variables except for sanction...In this paper, we analyze direct and indirect effects of economic sanctions on I. R. Iran’s economic growth from 1979 to 2012 focusing on the external sector of the economy. Our data for variables except for sanction are derived from 1966 to 2012 and a dummy variable is used for each sanction’s beginning years. The designed model is based on the endogenous growth models in which we analyze the effects by 2SLS econometric method. Our findings indicate that economic sanctions have not directly affected Iran’s economic growth so much. These effects have been indirect through restricting total imports, capital goods imports, imports of intermediate goods and primary products and also the export leading to decreased economic growth of the country.展开更多
This article selects some major factors influencing the agricultural economic growth are selected,such as labor,capital input,farmland area,fertilizer input and information input.And it selects some factors to explain...This article selects some major factors influencing the agricultural economic growth are selected,such as labor,capital input,farmland area,fertilizer input and information input.And it selects some factors to explain information input,such as the number of website ownership,types of books,magazines and newspapers published,the number of telephone ownership per 100 households,the number of home computers ownership per 100 households,farmers' spending on transportation and communication,culture,education,entertainment and services, and the total number of agricultural science and technology service personnel.Using regression model,this article conducts regression analysis of the cross-section data on 31 provinces,autonomous regions and municipalities in 2010.The results show that the building of information infrastructure,the use of means of information,the popularization and promotion of knowledge of agricultural science and technology,play an important role in promoting agricultural economic growth.展开更多
We select the per capita gross domestic product and rural residents' per capita net income in Xinjiang as the indicator variables to measure economic growth and farmers' income increase in Xinjiang, respective...We select the per capita gross domestic product and rural residents' per capita net income in Xinjiang as the indicator variables to measure economic growth and farmers' income increase in Xinjiang, respectively. We establish the cointegration equation, the vector error correction (VEC) model, and use the impulse response function to conduct empirical analysis of the evolutive law concerning relationship between economic growth and farmers' income increase in Xinjiang during the period 1978-2010. The results show that there is a cointegration relationship between economic growth in Xinjiang and farmers' income increase; the former plays an important role in promoting the latter, following the evolutive law "first intensify, then abate, intensify again, and finally become stable". We put the following policy recommendations: providing preferential policies for farmers, scientifically and rationally guiding the transfer of rural labor; improving the function of agriculture, increasing the proportion of non-farm income; gradually bridging the widening income gap between urban and rural areas, coordinating urban and rural development.展开更多
This study analyses the decoupling relationship between energy-related CO_(2) emissions and economic growth in China from 2000-2017 from the perspective of industrial structure using the LMDI method and Tapio decoupli...This study analyses the decoupling relationship between energy-related CO_(2) emissions and economic growth in China from 2000-2017 from the perspective of industrial structure using the LMDI method and Tapio decoupling model.The decoupling driving force was decomposed into emission,energy intensity,industrial structure,economic activity,and population factors.Studies have shown that the restructuring of China’s industries has not led to a significant increase in CO_(2) emissions.Specifically,from 2000 to 2017,China’s economic development and carbon emissions are generally in a weak decoupling state.Strong decoupling occurred from 2000 to 2001 and from 2013 to 2016.The industrial structure change has a substantial impact on the primary sector(agriculture),followed by the tertiary sector(services),while the impact on the secondary sector(industry)is negligible.The GDP contribution of the primary industry is small,but it is an indispensable guarantee for a country.With the development of agricultural mechanization and technology,human and animal power in this industry has been decreasing year by year,and large-scale planting has improved energy efficiency.The level of technology should be continuously strengthened to promote the decoupling of carbon emissions.The contribution of the secondary industry to GDP is around 40%,but the secondary industry accounts for more than 80%of CO_(2) emissions,mainly caused by the use of fossil energy.In 2017,fossil energy still accounted for about 86.2%of China’s energy consumption,so fossil energy remains the most critical energy source for China’s economic development.Coal,in turn,accounts for the largest share of fossil energy consumption.Therefore,emphasis should be placed on increasing technological innovation and conversion from fossil to non-fossil energy sources.The Chinese government considers the service industry a new engine for sustainable social and economic development.The contribution of the tertiary sector to GDP has increased from 2000 to 2017,followed by resource and environmental problems.Although the current share of CO_(2) emissions directly caused by the tertiary sector is not high,as the tertiary sector continues to grow,plans to reduce the decoupling of carbon emissions from the tertiary sector should be made in advance.展开更多
This paper utilizes cointegration theory,error correcting model and Granger causality testing theory to make an empirical research on the relation between urbanization and GDP in China,and also implements a comparativ...This paper utilizes cointegration theory,error correcting model and Granger causality testing theory to make an empirical research on the relation between urbanization and GDP in China,and also implements a comparative analysis to the relation between three industries and degree of urbanization,the related coeffecient is 0.97,0.95,0.97,0.97.And the result shows a long-term balance between these two factors,and the promoting effect to tertiary industry by urbanization is more obvious.Urbanization and economic growth are the long-term balanced relations.In the long-term balance,every 1% increment of urbanization can make 4.82% increment of GDP;In short-term balance,if the balance depart from the long-term balance at the i-th term,the model will take automatic reversal adjustment with-0.06 adjusting strength at the(i+1)th term,to make it move to the long-term balance.The economic growth onto urbanization is one-way causality relationship,the primary and secondary industry onto urbanization is also one-way causality relationship.However,the tertiary industry onto urbanization is both-way causality relationship.展开更多
Based on the characteristics of urban-rural dual economic structure in China,we build a dynamic endogenous urban-rural dual economic model closely linked to China's reality,and carry out mathematical economics ana...Based on the characteristics of urban-rural dual economic structure in China,we build a dynamic endogenous urban-rural dual economic model closely linked to China's reality,and carry out mathematical economics analysis of optimized conditions for urban and rural sectors. The main results show that:(i) The labor growth rate of urban-rural sectors must be greater than the time discount rate,or else there would be a vicious cycle of diminishing returns in the sectors;(ii) The accumulation rate of physical capital and human capital of urban-rural sectors,and the rate of technological progress,need to be greater than the corresponding depreciation rate plus the time discount rate,otherwise there would be a vicious cycle of diminishing returns in the sectors;(iii) The low accumulation rate in the rural sector,and the occurrence of labor outflow,human capital loss and lack of investment,will expand income gap between urban and rural areas,which is a reason for solidification of urban-rural dual economic structure.展开更多
This paper proposes a mechanism theory on regional development by using a modified Logistic model. It reveals regional evolution is an integration of fluctuation in temporal dimension and disparity in spatial dimensio...This paper proposes a mechanism theory on regional development by using a modified Logistic model. It reveals regional evolution is an integration of fluctuation in temporal dimension and disparity in spatial dimension. T = S model is established by using Logistic model to simulate the growth of per capita GDP in China from 1990 to 1999. The result shows that T=S model accurately simulates the tracks of economic growth.展开更多
This paper,based on the investigation of the statistics in the years of 1980-2005,using Shift-Share Method model,studies systematically the relation between the evolution of industrial structure and regional economic ...This paper,based on the investigation of the statistics in the years of 1980-2005,using Shift-Share Method model,studies systematically the relation between the evolution of industrial structure and regional economic growth in f ive economic regions in He'nan to offer the foundation of policy for optimizing the industrial structure and promoting regional economic development in phase,and thereby comes to the conclusions:(1) the industrial structure level of He'nan,in comparison with the evolution of the industrial structure across the country,remains low,but yet the evolutional tendency of industrial structure in He'nan complies with the Clark law of the industrial structure evolution;(2) the spatial difference of He'nan industrial structure evolution is comparatively large,(3) the evolution of industrial structure in He'nan that influences economic growth can be categorized into three types:in eastern and southern re-gions,the shift-share of the industrial structure is negative,and the shift-share model of competitiveness is negative;in western and central regions,the shift-share of the industrial structure is positive,and the shift-share model of competi-tiveness is positive;in northern regions,the shift-share of the industrial structure is positive,and the shift-share model of competitiveness is negative;(4) the evolution of industrial structure influences greatly the development of the regional economy of He'nan.As the results of the researches shown,it can claim that the technological innovation of He'nan traditional industry with high-tech,the vast development of the tertiary industry,the expansion of He'nan overall level of industrial structure,the growth of deep-processing manufacturing of agricultural products,and the increase of He'nan agricultural products subsidiary value will be the strategic choices of the rearrangement of He'nan industrial structure.展开更多
Since reform and opening-up in 1978, changes in China's industrial structure have generally followed the pattern of "Kuznets facts" but still exhibits some unique characteristics, which led us to raise t...Since reform and opening-up in 1978, changes in China's industrial structure have generally followed the pattern of "Kuznets facts" but still exhibits some unique characteristics, which led us to raise the following three questions regarding China's structural transformation:(1) Why did the share of China's agricultural and manufacturing employment reduce/increase intermittently rather than continuously?(2) Why did the share of China's agricultural employment increase during certain periods? When the share of manufacturing employment reduced, why did the workforce reversely flow into agriculture rather than move to the service sector?(3) Why did growth in the share of China's service sector employment decelerate before reaching its peak? Why did the share of employment in the industrial sector suddenly increase after an abrupt decline? This paper creates a multisector economic growth model that contains non-homothetic preferences and differentiated productivity, and incorporates the "two drivers" therein for a demand-side estimation and analysis. The result shows that China's economic growth model driven by net export and investment is a critical factor for explaining the three questions regarding its structural transformation. This paper believes that only by implementing supply-side structural reforms, reducing the dependence on net export and investment, and achieving sustainable endogenous economic growth will China be able to expedite its industrial restructuring.展开更多
Taking the system philosophy of human-earth relationship as the theoretical axis,and under the three-dimensional goals of economic growth,social development,and protection of the ecological environment,this paper cons...Taking the system philosophy of human-earth relationship as the theoretical axis,and under the three-dimensional goals of economic growth,social development,and protection of the ecological environment,this paper constructs the supporting system of China’s economic development.On this basis,guided by the basic principles of system theory and system dynamics,and combined with the theories of other related disciplines,we constructed an economic geography-system dynamics(EG-SD)integrated forecasting model to simulate and quantitatively forecast China’s economic growth in the medium and long term.China’s economic growth will be affected by quantifiable and unquantifiable factors.If the main unquantifiable factors are not taken into account in the simulation and prediction of China’s economic growth in the medium and long term,the accuracy and objectivity of the prediction results will be diminished.Therefore,based on situation analysis(Strengths,Weaknesses,Opportunities,and Threats,SWOT),we combined scenario analysis with the Delphi method,and established a qualitative prediction simulation model(referred to as the S-D compound prediction model)to make up for the shortcomings associated with quantitative simulation predictions.EG-SD and S-D are organically combined to construct a simulation and prediction paradigm of China’s economic growth in the medium and long term.This paradigm not only realizes the integration of various forecasting methods and the combination of qualitative and quantitative measures,but also realizes the organic combination of unquantifiable and quantifiable elements by innovatively introducing fuzzy simulation of system dynamics,which renders the simulation and prediction results more objective and accurate.展开更多
This paper analyzes the relationship between the stock of infrastructure and income increases using data from 15 typical countries,including China,and measures the gap between China and npper-middlle-income countries ...This paper analyzes the relationship between the stock of infrastructure and income increases using data from 15 typical countries,including China,and measures the gap between China and npper-middlle-income countries using the Euclidean distance.By constructing a domestic infrastructure investment demand model,this paper provides the basis for determining the growth rates for infrastructure investment demand under the given economic development goals and assessing the rationality of such growth rates.The paper finds that,as the per-capita income level increases, the total infrastructure demand rises but different types of infrastructure stock grow at different paces.Using the 2004 domestic infrastructure level as the benchmark for international comparison,we find it imperative for China to further boost resource infrastructure construction in the future and keep resource infrastructure investment growing at an average annual rate of 15%-24%.The infrastructure investment growth rate should be kept above the nominal GDP growth rate.展开更多
Banking is an essential sector of Palestine’s economy.More credits provided by banks are considered to have a positive impact on economic growth so that the overall objective of this study is to examine the impact of...Banking is an essential sector of Palestine’s economy.More credits provided by banks are considered to have a positive impact on economic growth so that the overall objective of this study is to examine the impact of bank lending on economic growth in Palestine.The study employs the Augmented Dickey-Fuller to test for stationarity in the time series,The Johansen co-integration,Vector Autoregressive Model and Vector Error Correction Model are employed to identify the long-run and short-run dynamics among the variables,and Granger causality test in order to determine the direction of causality.The study finds that a long run relationship exists among the variables and insignificant short run relationship.Also,the study findings show that there is unidirectional causality and runs from GDP to bank lending.The insignificant contribution of bank lending to GDP is attributed to the fact that banks are not highly interested in lending to the production sector of the economy due to the high level of risk.However,the primary empirical evidence reveals that bank lending doesn’t cause economic growth,but economic growth causes bank lending.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.
文摘In this paper, a two\|sector growth model is given. The labor force transfer process from agricultural sector to industrial sector is exogenous determined. By introducing the labor force transferring function, a two\|dimension nonautonomous differential equation is obtained. The results of the model manifest that the labor force transfer delays industrial sector growth and accelerates the agricultural sector growth. It is proved that the solution of the model is asymptotic stable. By the numerical analysis, the economic growth and labor force transfer is presented under the specific parameters.
文摘We should calculate the coupling degree of medical investment, resident health and economic growth in Sichuan Province, and make clear the coordinated development of the aforementioned three factors. In that, the government was able to formulate policies that feature the positive interaction and coordinated development of regional medical investment, health and economy. Methods on index system for the evaluation of health investment, resident health and economic growth were constructed, and the coupling and coordination degree of the three systems were empirically studied based on the entropy weight method, the coupling coordination model and the gray correlation method. From the perspective of time series, the overall coupling and coordination level of Sichuan Province is relatively low, and the comprehensive development level of health investment and economic growth system has lagged behind the resident health system;from the perspective of spatial distribution characteristics, in 2019, the coordinated development level of health investment resident health and economic growth coupling in western Sichuan, southern Sichuan, northern Sichuan, eastern Sichuan and northern Sichuan is in the primary coordination stage, but there is a lag in the development of the health investment system between western Sichuan and southern Sichuan, and there is a lag in the development of the economic growth system between northern Sichuan and eastern Sichuan. From the analysis of gray correlation degree, the main correlation factors are diverse. All in all, the overall coordination level of health investment, resident health and economic growth in Sichuan Province is relatively low, and in order to achieve its coordinated development, it is necessary to narrow regional differences, formulate coordinated development strategies according to local conditions, and improve the overall coordination level.
文摘As an aspect of human capital,a positive association exists amongst health,productivity,and growth in output per capita.On the other hand,social infrastructure defined by the institution of governance has a direct effect on the environment upon which productive activities take place to determine outcomes.Nigeria like most African countries is bedevilled by the high prevalence of inadequate health financing and poor governance.Health financing for Nigeria consistently has fallen short of the AU health funding commitment of 15%of annual budgetary allocation to the health sector.Secondly,poor governance conditions available resources and shape the state of infrastructure,particularly health infrastructure and socioeconomic conditions.In turn,this determines individuals’level of exposure to health risks and their capacity to actively contribute to productive activity for growth stimulation and sustainability.Against this backdrop,this study added to the existing literature in the context of Nigeria,by theoretically applying the Solow augmented Mankiw-Romer-Weil structural model in the examination of the impact of government size and governance quality in the health sector,on economic growth.Autoregressive Distributed Lag(ARDL)model was adopted in the estimation.Findings show that governance quality adversely affects growth and this reduces the capacity of health spending to stimulate growth by an almost equal margin.As a result,this study recommends legislative backing to the AU health funding commitment in Nigeria.
基金Under the auspices of National Natural Science Foundation of China(No.41171099)National Key Basic Research Program of China(No.2012CB955802)National Social Science Foundation of China(No.10ZD&022)
文摘The economic growth of China has led to increasing growth disparities between regions. Such disparities are uncontrolled and are severely negative symptoms in the process of economic development. On the basis of system dynamics(SD) modeling and the relationship between industrial relocation and regional economic growth, we construct a model of the interrelationship between the two aforementioned phenomena. The model is an effective and creative exploration for examining effects of industrial relocation on Chinese regional economic growth disparities. The SD model is employed in this study to build an inter-regional labor migration SD model, an inter-regional capital migration SD model, an intra-industry SD model, an intra-regional population SD model, and an intra-regional SD model which are based on realities in labor and capital flow from the view of industrial relocation. VENSIM software is utilized to perform a system simulation based on the data of the eastern, middle, and western regions from 2000 to 2010. Results show that industrial relocation gradually narrows the relative disparity in GDP among the three regions. Moreover, the absolute one is enlarged continuously. The absolute and relative disparities in per capita GDP among eastern, middle, and western regions generally exhibit decreasing trends.
文摘A stochastic economic growth model may be transformed into a deterministic economic growth model with an infiaite dimentional Banach space of state-contingent capital stocks [6]. This paper proves that under the framework, the stochastic analogUes of the asymptotic turnpike theorems in the standard deterministic economic growth model [5] will continue tO hold if we assume that essentially smooth programs satisfy uniformly essentially dominant diagonal condition.
基金This work was supported by 2021 Jiangxi University of Finance and Economics Student Innovation Training Program(No.202110421068).
文摘Based on the inter-provincial panel data for 31 provinces in China from 2000 to 2019,and incorporating geospatial factors,a spatial panel vector autoregressive(SPVAR)model consisting of population mobility,industrial structure upgrading,and economic growth is constructed.The space-time impulse response function is used to analyze the space-time conduction of exogenous variables on the impact of three endogenous variables.The study found that first,the population influx barely benefited the industrial structure upgrading and economic growth.Second,the upgrading of the industrial structure would aggravate the population mobility in the province,causing low-level laborers to leave the province in shortterm,but in long-term,there would be influx of talents.Third,the economic growth in developed regions plays a significant role in promoting the industrial development of their province and population-rich provinces,but it has less impact on provinces with high-level industrial structure.Finally,policy recommendations are provided in regard to the benign interaction among population mobility,industrial structure upgrading,and economic growth in addition to clarifying the idea of economic development,implementing correct population policies,and promoting the coordinated regional development.
文摘Sound and efficient functioning of financial systems is critical to the economic prosperity of any economy.This paper investigates the tripartite relationship between financial sector output,employment and economic growth in North Cyprus.Using relevant time series data analysis(within the framework of structural breaks and VECM),we found that financial sector output in North Cyprus is sensitive to both internal and external shocks in that its economy is well linked with the global economy,in spite of the political isolation sustained since the bifurcation of Cyprus into North and South.The study further documents evidence of the neutrality hypothesis in the finance-growth nexus.The underlying variables were weakly connected in the short-run.However,economic growth responded to the short-run shocks and handled the equilibrating process of reverting to the long-run trend and thus,the demand following hypothesis is confirmed in the long-run.
文摘In this paper, we analyze direct and indirect effects of economic sanctions on I. R. Iran’s economic growth from 1979 to 2012 focusing on the external sector of the economy. Our data for variables except for sanction are derived from 1966 to 2012 and a dummy variable is used for each sanction’s beginning years. The designed model is based on the endogenous growth models in which we analyze the effects by 2SLS econometric method. Our findings indicate that economic sanctions have not directly affected Iran’s economic growth so much. These effects have been indirect through restricting total imports, capital goods imports, imports of intermediate goods and primary products and also the export leading to decreased economic growth of the country.
基金Supported by Shandong Provincial Natural Science Foundation(2009ZRB01783)
文摘This article selects some major factors influencing the agricultural economic growth are selected,such as labor,capital input,farmland area,fertilizer input and information input.And it selects some factors to explain information input,such as the number of website ownership,types of books,magazines and newspapers published,the number of telephone ownership per 100 households,the number of home computers ownership per 100 households,farmers' spending on transportation and communication,culture,education,entertainment and services, and the total number of agricultural science and technology service personnel.Using regression model,this article conducts regression analysis of the cross-section data on 31 provinces,autonomous regions and municipalities in 2010.The results show that the building of information infrastructure,the use of means of information,the popularization and promotion of knowledge of agricultural science and technology,play an important role in promoting agricultural economic growth.
基金Supported by Soft Science Project of Science and Technology Department of Xinjiang Uygur Autonomous Region (200942140)
文摘We select the per capita gross domestic product and rural residents' per capita net income in Xinjiang as the indicator variables to measure economic growth and farmers' income increase in Xinjiang, respectively. We establish the cointegration equation, the vector error correction (VEC) model, and use the impulse response function to conduct empirical analysis of the evolutive law concerning relationship between economic growth and farmers' income increase in Xinjiang during the period 1978-2010. The results show that there is a cointegration relationship between economic growth in Xinjiang and farmers' income increase; the former plays an important role in promoting the latter, following the evolutive law "first intensify, then abate, intensify again, and finally become stable". We put the following policy recommendations: providing preferential policies for farmers, scientifically and rationally guiding the transfer of rural labor; improving the function of agriculture, increasing the proportion of non-farm income; gradually bridging the widening income gap between urban and rural areas, coordinating urban and rural development.
基金This work was financially supported by the National Natural Sciences Foundation of China[Grant No.NSFC71972011)Beijing Wuzhou Shitong International Business Consulting Co.[Grant No.202122141024A].
文摘This study analyses the decoupling relationship between energy-related CO_(2) emissions and economic growth in China from 2000-2017 from the perspective of industrial structure using the LMDI method and Tapio decoupling model.The decoupling driving force was decomposed into emission,energy intensity,industrial structure,economic activity,and population factors.Studies have shown that the restructuring of China’s industries has not led to a significant increase in CO_(2) emissions.Specifically,from 2000 to 2017,China’s economic development and carbon emissions are generally in a weak decoupling state.Strong decoupling occurred from 2000 to 2001 and from 2013 to 2016.The industrial structure change has a substantial impact on the primary sector(agriculture),followed by the tertiary sector(services),while the impact on the secondary sector(industry)is negligible.The GDP contribution of the primary industry is small,but it is an indispensable guarantee for a country.With the development of agricultural mechanization and technology,human and animal power in this industry has been decreasing year by year,and large-scale planting has improved energy efficiency.The level of technology should be continuously strengthened to promote the decoupling of carbon emissions.The contribution of the secondary industry to GDP is around 40%,but the secondary industry accounts for more than 80%of CO_(2) emissions,mainly caused by the use of fossil energy.In 2017,fossil energy still accounted for about 86.2%of China’s energy consumption,so fossil energy remains the most critical energy source for China’s economic development.Coal,in turn,accounts for the largest share of fossil energy consumption.Therefore,emphasis should be placed on increasing technological innovation and conversion from fossil to non-fossil energy sources.The Chinese government considers the service industry a new engine for sustainable social and economic development.The contribution of the tertiary sector to GDP has increased from 2000 to 2017,followed by resource and environmental problems.Although the current share of CO_(2) emissions directly caused by the tertiary sector is not high,as the tertiary sector continues to grow,plans to reduce the decoupling of carbon emissions from the tertiary sector should be made in advance.
文摘This paper utilizes cointegration theory,error correcting model and Granger causality testing theory to make an empirical research on the relation between urbanization and GDP in China,and also implements a comparative analysis to the relation between three industries and degree of urbanization,the related coeffecient is 0.97,0.95,0.97,0.97.And the result shows a long-term balance between these two factors,and the promoting effect to tertiary industry by urbanization is more obvious.Urbanization and economic growth are the long-term balanced relations.In the long-term balance,every 1% increment of urbanization can make 4.82% increment of GDP;In short-term balance,if the balance depart from the long-term balance at the i-th term,the model will take automatic reversal adjustment with-0.06 adjusting strength at the(i+1)th term,to make it move to the long-term balance.The economic growth onto urbanization is one-way causality relationship,the primary and secondary industry onto urbanization is also one-way causality relationship.However,the tertiary industry onto urbanization is both-way causality relationship.
基金Supported by Chongqing Social Science Planning Project(2010YBJJ13)the Fundamental Research Funds for the Central Universities(XDJK2010C103)+1 种基金Humanities and Social Sciences Youth Project,the Ministry of Education(10YJC630205)Chongqing Key Humanities and Social Sciences Project(SWU 0810026)
文摘Based on the characteristics of urban-rural dual economic structure in China,we build a dynamic endogenous urban-rural dual economic model closely linked to China's reality,and carry out mathematical economics analysis of optimized conditions for urban and rural sectors. The main results show that:(i) The labor growth rate of urban-rural sectors must be greater than the time discount rate,or else there would be a vicious cycle of diminishing returns in the sectors;(ii) The accumulation rate of physical capital and human capital of urban-rural sectors,and the rate of technological progress,need to be greater than the corresponding depreciation rate plus the time discount rate,otherwise there would be a vicious cycle of diminishing returns in the sectors;(iii) The low accumulation rate in the rural sector,and the occurrence of labor outflow,human capital loss and lack of investment,will expand income gap between urban and rural areas,which is a reason for solidification of urban-rural dual economic structure.
基金Supported by the Knowledge Innovation Program of Chinese Academy of Sciences and National Key Technologies R &D Program in the 10th Five-Ycar Plan of china(2001BA901A40)
文摘This paper proposes a mechanism theory on regional development by using a modified Logistic model. It reveals regional evolution is an integration of fluctuation in temporal dimension and disparity in spatial dimension. T = S model is established by using Logistic model to simulate the growth of per capita GDP in China from 1990 to 1999. The result shows that T=S model accurately simulates the tracks of economic growth.
基金supported by National Natural Sci-ence Foundation of China (Grant No.70173022).
文摘This paper,based on the investigation of the statistics in the years of 1980-2005,using Shift-Share Method model,studies systematically the relation between the evolution of industrial structure and regional economic growth in f ive economic regions in He'nan to offer the foundation of policy for optimizing the industrial structure and promoting regional economic development in phase,and thereby comes to the conclusions:(1) the industrial structure level of He'nan,in comparison with the evolution of the industrial structure across the country,remains low,but yet the evolutional tendency of industrial structure in He'nan complies with the Clark law of the industrial structure evolution;(2) the spatial difference of He'nan industrial structure evolution is comparatively large,(3) the evolution of industrial structure in He'nan that influences economic growth can be categorized into three types:in eastern and southern re-gions,the shift-share of the industrial structure is negative,and the shift-share model of competitiveness is negative;in western and central regions,the shift-share of the industrial structure is positive,and the shift-share model of competi-tiveness is positive;in northern regions,the shift-share of the industrial structure is positive,and the shift-share model of competitiveness is negative;(4) the evolution of industrial structure influences greatly the development of the regional economy of He'nan.As the results of the researches shown,it can claim that the technological innovation of He'nan traditional industry with high-tech,the vast development of the tertiary industry,the expansion of He'nan overall level of industrial structure,the growth of deep-processing manufacturing of agricultural products,and the increase of He'nan agricultural products subsidiary value will be the strategic choices of the rearrangement of He'nan industrial structure.
文摘Since reform and opening-up in 1978, changes in China's industrial structure have generally followed the pattern of "Kuznets facts" but still exhibits some unique characteristics, which led us to raise the following three questions regarding China's structural transformation:(1) Why did the share of China's agricultural and manufacturing employment reduce/increase intermittently rather than continuously?(2) Why did the share of China's agricultural employment increase during certain periods? When the share of manufacturing employment reduced, why did the workforce reversely flow into agriculture rather than move to the service sector?(3) Why did growth in the share of China's service sector employment decelerate before reaching its peak? Why did the share of employment in the industrial sector suddenly increase after an abrupt decline? This paper creates a multisector economic growth model that contains non-homothetic preferences and differentiated productivity, and incorporates the "two drivers" therein for a demand-side estimation and analysis. The result shows that China's economic growth model driven by net export and investment is a critical factor for explaining the three questions regarding its structural transformation. This paper believes that only by implementing supply-side structural reforms, reducing the dependence on net export and investment, and achieving sustainable endogenous economic growth will China be able to expedite its industrial restructuring.
基金Under the auspices of National Natural Science Foundation of China(No.41530634,41971162)。
文摘Taking the system philosophy of human-earth relationship as the theoretical axis,and under the three-dimensional goals of economic growth,social development,and protection of the ecological environment,this paper constructs the supporting system of China’s economic development.On this basis,guided by the basic principles of system theory and system dynamics,and combined with the theories of other related disciplines,we constructed an economic geography-system dynamics(EG-SD)integrated forecasting model to simulate and quantitatively forecast China’s economic growth in the medium and long term.China’s economic growth will be affected by quantifiable and unquantifiable factors.If the main unquantifiable factors are not taken into account in the simulation and prediction of China’s economic growth in the medium and long term,the accuracy and objectivity of the prediction results will be diminished.Therefore,based on situation analysis(Strengths,Weaknesses,Opportunities,and Threats,SWOT),we combined scenario analysis with the Delphi method,and established a qualitative prediction simulation model(referred to as the S-D compound prediction model)to make up for the shortcomings associated with quantitative simulation predictions.EG-SD and S-D are organically combined to construct a simulation and prediction paradigm of China’s economic growth in the medium and long term.This paradigm not only realizes the integration of various forecasting methods and the combination of qualitative and quantitative measures,but also realizes the organic combination of unquantifiable and quantifiable elements by innovatively introducing fuzzy simulation of system dynamics,which renders the simulation and prediction results more objective and accurate.
文摘This paper analyzes the relationship between the stock of infrastructure and income increases using data from 15 typical countries,including China,and measures the gap between China and npper-middlle-income countries using the Euclidean distance.By constructing a domestic infrastructure investment demand model,this paper provides the basis for determining the growth rates for infrastructure investment demand under the given economic development goals and assessing the rationality of such growth rates.The paper finds that,as the per-capita income level increases, the total infrastructure demand rises but different types of infrastructure stock grow at different paces.Using the 2004 domestic infrastructure level as the benchmark for international comparison,we find it imperative for China to further boost resource infrastructure construction in the future and keep resource infrastructure investment growing at an average annual rate of 15%-24%.The infrastructure investment growth rate should be kept above the nominal GDP growth rate.
文摘Banking is an essential sector of Palestine’s economy.More credits provided by banks are considered to have a positive impact on economic growth so that the overall objective of this study is to examine the impact of bank lending on economic growth in Palestine.The study employs the Augmented Dickey-Fuller to test for stationarity in the time series,The Johansen co-integration,Vector Autoregressive Model and Vector Error Correction Model are employed to identify the long-run and short-run dynamics among the variables,and Granger causality test in order to determine the direction of causality.The study finds that a long run relationship exists among the variables and insignificant short run relationship.Also,the study findings show that there is unidirectional causality and runs from GDP to bank lending.The insignificant contribution of bank lending to GDP is attributed to the fact that banks are not highly interested in lending to the production sector of the economy due to the high level of risk.However,the primary empirical evidence reveals that bank lending doesn’t cause economic growth,but economic growth causes bank lending.