Empirical Analysis of the Differences of RegionalEconomic Growth in Shandong Province

doi:10.7523/j.issn.2095-6134.2004.4.009

Abstract

Abstract:

Regional convergence or divergence has been an important issue that had puzzled experts in the fields ofregional economies and managements in government for many years in the past, and it is still a problem even today.This paper takes Shandong as a study case and by using the Theil index gives its quantitative analyses, we find aresult that different from new classical view point. There is not a converted“U”pattern, and the different changecurve is like a sine wave. It is better to say the regional growth process is a path dependence process rather than asimple convergence one, for more than one equilibrium steady states appeared in the past half century.

Key words: regional convergence, regional divergence, path dependence, equilibrium state

CLC Number:

F127.9

YANG Guo-An. Empirical Analysis of the Differences of RegionalEconomic Growth in Shandong Province[J]. , 2004, 21(4): 481-487.

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