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Factor Input And Urban Economic Growth In China

Posted on:2008-01-24Degree:DoctorType:Dissertation
Country:ChinaCandidate:J Y QinFull Text:PDF
GTID:1119360242479134Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
Great progress in urban economic growth had been achieved since the foundation of P.R. China, especially since the implementation of reform and open policy in 1978. But, as it still had not been known about the functional mechanism and contribution of factors to urban economic growth in China, effects of policy for enhancing urban economic growth are not so good as anticipated. In order to agglomerate factors suitable for a city to promote its economic growth, it is necessary for us to make clear the factors'supply-demand mechanism, functional mechanism between factors and urban economic growth model from view factor, and factor contribution to urban economic growth in China. Thus, urban economic growth in China can grow fast and steadily by achieving benefit of scale economy, benefit of agglomeration and benefit of regional harmonious development.For sake of these purposes, the author firstly introduced classical urban economic growth theory and models in chapter 2, by which the author found that lack of factor input analysis is the common limitations of classical urban economic growth theory and models. Although it analyzes urban economic growth by view of factor input in neo-classical urban economic growth model, it ignored land, which is a very important factor in urban economic growth. Analyzing urban economic growth in China from view of factor is the main task of this paper.As described in chapter 3, compare with factor between countries in international economic, factors between cities in a county have better fluidity. So, in chapter 3 the author analyzed the supply-demand mechanism of factors using the model of little-open economy, and then deeply explained the functional mechanism of urban economic growth from view of factor under the C-D production function with the variable of land except capital and labor, and finally established an urban economic growth model from view of factor. On the basis of the urban economic growth model founded in chapter 3, the author made some positive analysis aimed at urban economic growth in China in chapter 4 to chapter 6. In chapter 4, the author estimated 35 cities'capital stock using perpetual inventory approach, and also obtained data such as GDP in 1978 price index, labor and area of all sample cities. In chapter 5, using data obtained in chapter 4, elasticity coefficients of factors including capital, labor and land in Solow equation are estimated by means of panel data analysis. Then it was Compared with what was estimated by means of ridge regression under the super-log production function with the same data obtained in chapter 4, and what was shown in related literatures research on China or foreign countries'economic growth, the author think it was reliable. In chapter 6, the author calculated factor contribution to urban economic growth in China using elasticity coefficients estimated in chapter 5. At the same time, factor efficiency and other problems about factor input in urban economic growth in China are also discussed in chapter 6. Finally in chapter 7, the author presented some countermeasures to advance urban economic growth in China. That is, aimed at enhancing factor agglomeration and improving factor efficiency of agglomeration, policies such as location and location creation, restructure inner space of cities, enhancing industry agglomeration, urban informationization, regional cooperation and urban cluster development should be pay more attention.Main viewpoint of this paper including: (1) Factor analysis is necessary in analyzing urban economic growth in China, and land is an important factor input in urban economic growth. (2) High fluidity of factor will seriously affect urban economic growth. Thus, factors in urban economic growth have its special functional mechanisms. (3) Under the analytical framework of C-D production with land also as a variable, it revealed that there exists scale economy in urban economic growth in China, and capital contribute about 40~60% to urban economic growth, labor contribute about 5~15%, land contribute about 5~15%, and technology contribute about 20~40%. (4) Efficiency of labor and land in urban economic growth in China has no significant improvement. Efficiency of capital measured in ratio of capital/output decreased. (5)In order to advance urban economic growth in China, policies aimed at enhancing factor agglomeration and improving factor efficiency of agglomeration should be paid much attention. Those policies include, location and location creation, adjusting inner space structure of cities, enhancing industry agglomeration, urban informationization, regional cooperation and urban cluster development.
Keywords/Search Tags:Urban Economic Growth, Factor Input, Factor Efficiency
PDF Full Text Request
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