A Matter of Time: Revisiting Growth Convergence in China

Fredrik NG Andersson (), David L Edgerton () and Sonja Opper ()
Additional contact information
Sonja Opper: Department of Economics, Lund University, Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund, Sweden, http://www.nek.lu.se/NEKSOP

No 2011:23, Working Papers from Lund University, Department of Economics

Abstract: China’s unbalanced growth strategy has seemingly fostered growing inter-regional growth disparities and there is little evidence of wealth trickling down from richer provinces to poorer provinces. Given pronounced and frequent inter-regional short-term fluctuations in economic growth, standard convergence tests, however, may be ill specified to detect underlying long-term growth trends in small samples. Our paper suggests a novel approach to distinguish between long-term growth trends and short-term fluctuations. Based on provincial data from 1978 to 2009, our results indicate that China’s provinces only diverge over the short-term. Over the long term, provinces cluster into two converging growth clubs.

Keywords: regional convergence; developing countries; growth; China (search for similar items in EconPapers)
JEL-codes: O14 O33 O41 R11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev, nep-fdg, nep-geo and nep-tra
Date: 2011-07-04, Revised 2012-03-01
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Forthcoming as Andersson, Fredrik N. G., David Edgerton and Sonja Opper, 'A Matter of Time: Revisiting Growth Convergence in China' in World Development.

Downloads: (external link)
http://www.nek.lu.se/publications/workpap/papers/WP11_23.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:hhs:lunewp:2011_023

Access Statistics for this paper

More papers in Working Papers from Lund University, Department of Economics
Address: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund,Sweden
Contact information at EDIRC.
Series data maintained by David Edgerton ().