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Pregledni rad
https://doi.org/10.18045/zbefri.2016.2.505

Industrial policy, production efficiency improvement and the Chinese county economic growth

Wang Zhenhua ; College of Economics and Management, Shenyang Agricultural University, Shenyang, China
Zhang Guangsheng ; College of Economics and Management, Shenyang Agricultural University, Shenyang, China

Puni tekst: engleski, pdf (953 KB) str. 505-528 preuzimanja: 3.265* citiraj
APA 6th Edition
Zhenhua, W. i Guangsheng, Z. (2016). Industrial policy, production efficiency improvement and the Chinese county economic growth. Zbornik radova Ekonomskog fakulteta u Rijeci, 34 (2), 505-528. https://doi.org/10.18045/zbefri.2016.2.505
MLA 8th Edition
Zhenhua, Wang i Zhang Guangsheng. "Industrial policy, production efficiency improvement and the Chinese county economic growth." Zbornik radova Ekonomskog fakulteta u Rijeci, vol. 34, br. 2, 2016, str. 505-528. https://doi.org/10.18045/zbefri.2016.2.505. Citirano 09.12.2021.
Chicago 17th Edition
Zhenhua, Wang i Zhang Guangsheng. "Industrial policy, production efficiency improvement and the Chinese county economic growth." Zbornik radova Ekonomskog fakulteta u Rijeci 34, br. 2 (2016): 505-528. https://doi.org/10.18045/zbefri.2016.2.505
Harvard
Zhenhua, W., i Guangsheng, Z. (2016). 'Industrial policy, production efficiency improvement and the Chinese county economic growth', Zbornik radova Ekonomskog fakulteta u Rijeci, 34(2), str. 505-528. https://doi.org/10.18045/zbefri.2016.2.505
Vancouver
Zhenhua W, Guangsheng Z. Industrial policy, production efficiency improvement and the Chinese county economic growth. Zbornik radova Ekonomskog fakulteta u Rijeci [Internet]. 2016 [pristupljeno 09.12.2021.];34(2):505-528. https://doi.org/10.18045/zbefri.2016.2.505
IEEE
W. Zhenhua i Z. Guangsheng, "Industrial policy, production efficiency improvement and the Chinese county economic growth", Zbornik radova Ekonomskog fakulteta u Rijeci, vol.34, br. 2, str. 505-528, 2016. [Online]. https://doi.org/10.18045/zbefri.2016.2.505

Sažetak
This study aims at analyzing the difference in the level of economic development
between China’s counties from the two perspectives of industrial policy and
production efficiency. Based on panel data of 1830 Chinese counties, this study
employs the new classical economic growth theory framework to analyze the
counties’ economic growth by the perpetual inventory method, Malmquist index,
among others. The results show that the economy of the counties exhibits δ
convergence since 2004, and the absolute differences in the different counties are
expanding. Industrial policy ensures the additional deepening of the level of
capital in the county. Additionally, a substantial difference was observed between
the agricultural sector and the non-agricultural sector, whereby the total factor
productivity and the technical efficiency are on the rise, resulting in the
phenomenon of dual paths of technological progress. In summary, the capital
deepening difference between the sectors, production efficiency, and dual paths of
technological progress owing to the counties’ industrial policy are the basic
reasons for the regional differences in the level of economic development in China.

Ključne riječi
County economy; δ convergence; industrial policy; dual paths of technological progress

Hrčak ID: 171157

URI
https://hrcak.srce.hr/171157

[hrvatski]

Posjeta: 3.576 *