 Is the natural resource production a blessing or curse for China's urbanization? Evidence from a space–time panel data modelYaobin Liu Economic Modelling, 2014, vol. 38, issue C, 404-416 Abstract: This paper provides an analytical framework to evaluate under what conditions the natural resource production could promote or hinder urbanization process, focusing on factors mostly relevant for China. Considering both structure breaks and cross-sectional dependence as well as spatial spillovers, the study deploys a comprehensive approach to rigorously prove the validity of the proposed space–time panel data model that includes the second generation panel unit root test and panel cointegration, panel threshold regression and spatial panel Durbin model. The results not only offer strong evidences that the natural resource production non-linearly impacts on urbanization process, but also show that there exists a dynamic response over time and space as well as space–time diffusion impact, in which these percentages are different from each other confirming an asymmetric effect of the natural resource production on urbanization process. Keywords: Natural resource-based production; Second generation panel unit root and cointegration; Panel threshold regression; Spatial panel Durbin model; China (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:38:y:2014:i:c:p:404-416 DOI: 10.1016/j.econmod.2014.01.023 Access Statistics for this article Economic Modelling is currently edited by S. Hall and P. Pauly More articles in Economic Modelling from Elsevier |
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