经济研究
經濟研究
경제연구
Economic Research Journal
2006年
6期
27~38
,共null页
黄玖立 李坤望 晓鸥（校对）
黃玖立 李坤望 曉鷗（校對）
황구립 리곤망 효구（교대）
Market Size; Regional Disparity; Increasing Return; Convergence
Increasing return causes international or regional economic divergence, and the extent of the market in turn determines the scope of increasing returns, This paper finds that, regional market size and export openness jointly shape the growth rates of income per capita in China＇s provinces from 1970 to 2000. They also show empirically the relationship of substitution during the dynamics of China＇s regional disparity. Another interesting finding is that convergence across provinces can be achieved significantly once the factor of extent of market is controlled. By constructing instrument variable in term of the geographic characteristics, we efficiently tackle the problem of endogeneity in the regressions.
