Regional Disparity and Dynamic Development of China: a Multidimensional Index

Peng Bin

MPRA Paper from University Library of Munich, Germany

Abstract: This paper investigates the evolution of regional socio-economic disparity in China during the period 1998-2010. A new composite index of development (CIRD) is developed to capture the five main dimensions of regional development: macroeconomic conditions, science and innovation performance, environmental sustainability, human capital accumulation, and public facilities provision. The investigation benchmarks 30 (out of 31) Chinese regions according to such multidimensional index of development and thus improves the understanding of the evolution of regional disparity in China in terms of the various dimensions of socio-economic development. Finally, on the basis of stochastic kernel density estimation, the paper reveals the existence of a triple-clubs pattern of convergence in the period under scrutiny, thereby informing both the literature on regional convergence and the current strategy of balancing the uneven process of growth in China.

Keywords: regional disparity; multidimensional index of development; stochastic kernel; distribution dynamics; Chinese regions (search for similar items in EconPapers)
JEL-codes: O18 P48 R58 (search for similar items in EconPapers)
Date: 2015-02
New Economics Papers: this item is included in nep-cna, nep-cse, nep-tra and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:61849

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