TY - JOUR
T1 - Incorporating technology diffusion, factor mobility and structural change into cross-region growth regression
T2 - An application to china
AU - Sun, Laixiang
AU - Hong, Eunsuk
AU - Li, Tao
PY - 2010/8
Y1 - 2010/8
N2 - This paper advocates a spatial dynamic model that introduces technology diffusion, factor mobility, and structural change into the cross-region growth regression. The spatial setting is derived from theory rather than spatial statistical tests. An application of this model to the study of cross-province growth in China over the period 1980-2005 indicates that incomes are spatially correlated, which highlights the significance of technology diffusion and factor mobility. Furthermore, the integration of neoclassical growth empirics and the structural change perspective of development economics provide a much improved account of interprovincial variations in income levels and economic growth.
AB - This paper advocates a spatial dynamic model that introduces technology diffusion, factor mobility, and structural change into the cross-region growth regression. The spatial setting is derived from theory rather than spatial statistical tests. An application of this model to the study of cross-province growth in China over the period 1980-2005 indicates that incomes are spatially correlated, which highlights the significance of technology diffusion and factor mobility. Furthermore, the integration of neoclassical growth empirics and the structural change perspective of development economics provide a much improved account of interprovincial variations in income levels and economic growth.
UR - http://www.scopus.com/inward/record.url?scp=77955069724&partnerID=8YFLogxK
U2 - 10.1111/j.1467-9787.2009.00623.x
DO - 10.1111/j.1467-9787.2009.00623.x
M3 - Article
AN - SCOPUS:77955069724
SN - 0022-4146
VL - 50
SP - 734
EP - 755
JO - Journal of Regional Science
JF - Journal of Regional Science
IS - 3
ER -
