China’s high-quality economic development: a study of regional variations and spatial evolution

Wanping Yang (), Ruoying Huang () and Dong Li ()
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Wanping Yang: Xi’an Jiaotong University
Ruoying Huang: Xi’an Jiaotong University
Dong Li: Xi’an Jiaotong University

Economic Change and Restructuring, 2024, vol. 57, issue 2, No 69, 30 pages

Abstract: Abstract Based on the current reality of unbalanced and inadequate regional economic development in China, this study constructs a comprehensive index system to asses China’s economic development quality across six dimensions: innovation dynamic, coordinated development, market governance, green transformation, open economy, and people’s welfare. It employs the vertical and horizontal scatter degree approach that better captures the inherent characteristics of data to dynamically measure China’s high-quality economic development index (HQEDI) and unveils its spatial interaction patterns through a modified dynamic Spatial Durbin Model. Findings indicate that China’s HQEDI demonstrates a persistent upward trend and an expanding cycle, with significant spatial agglomeration effects. The spatial correlation structure portrays an imbalanced distribution of HQEDI, with Shanghai and Beijing as the center, the eastern coast as the secondary center, the central and western regions occupying subordinate positions. Under various spatial weights, China’s HQEDI exhibits conditional β convergence and positive spillover effect. Convergence rates decreases in the order of “Central-West-Northeast-East,” with corresponding convergence cycles increasing in this order.

Keywords: High-quality economic development; Dynamic evaluation; Spatial evolution; Regional differences (search for similar items in EconPapers)
JEL-codes: C51 O11 R12 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s10644-024-09676-z

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