A New Method for Measuring the Economic Convergence and Its Application on Central China Provinces
Bibliographic Data
| ID | 15066643 |
|---|---|
| Authors | Malin Song (0000-0001-6640-4225, Anhui University), Shuhong Wang (0000-0002-9585-4839), Wei Liu (0000-0002-5949-0302), Liu Wei (0000-0001-6280-0407, East China University of Political Science and Law) |
| Year | 2012 |
| Volume | 25 |
| Issue | 4 |
| Pages | 925-936 |
| Publication date | 2012-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2012.11517539 |
| OpenAlex | W174071492 |
| Language | EN |
| References cited | 4 |
In order to solve the shortcomings of classical convergence analysis and spatial econometric analysis, this paper proposes a delta statistics method to assess economic growth convergence of central China cities. The result shows to be more close to the reality by analyzing the drawbacks of the classical relative beta convergence, combining the advantages of gams convergence, reference panel data, co-integration theory with the time factor into model. Then, Monte Carlo simulation method is used to analyze its distribution, which shows that it obeys to the normal distribution assumption in large samples. At last, our method is applied to the analysis of economic convergence of central China
China · Econometrics · Economics · Geography · Macroeconomics · Mathematical optimization · Monte Carlo method · Statistics · Computer Science · Economic Growth and Productivity · Mathematics · Regional Economic and Spatial Analysis · Regional Economics and Spatial Analysis · Applied Mathematics
| Citation velocity | historical |
|---|---|
| Highly cited | No |