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《Economic Research Journal》 2002-01
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The Characteristics of “Club Convergence” of China's Economic Growth and Its Cause

Shen Kunrong & Ma Jun (School of Commerce, Nanjing University)  
Based on the convergence theory implicated in economic growth literature, this paper carries out an empirical analysis of interprovincial growth variance across provinces in China since 1949, especially since 1978.Our results show that not only the club convergence has been obviously exhibited, that is, the output per capita congregates within the east, middle and west districts respectively; but also the conditional convergence has been identified, that is, given the same level of human capital, market openness and other factors the economic provinces have demonstrated a certain growth convergence. The outcome of the paper also shows that the variance of the industrialization among provinces affects the growth convergence significantly.
【Fund】: 国家社科基金 (0 0CJL0 10 );; 国家软科学项目 (2 0 0 1DG0 0 0 0 37);; 江苏省社科基金 (E2 - 0 11)资助
【CateGory Index】: F12
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