In The Western Region Economic Growth Convergence Analysis

There is an important implication conclusion in the theory of neoclassicalgrowth:whether there is the faster growth in the lower capital stock per effective workereconomic,that is to say whether the economic growth convergence existed among theseeconomics.The conclusion was also known as the neoclassical convergencehypothesis.what was studying on the economic growth convergence centre on somequestions,such as the existence of economic growth convergence,the convergence rateand the cause of the convergence,etc.,and the economic growth convergence hasbecome one of hot topic in economics.Although the regional economic growthdifference was an inevitable economic phenomenon for every economic in the world inthe process of the economic development,if the difference exists in the long run and thetendency of difference is enlarging,that will have an negative effect on the economicefficiency,the level of the social welfare and the social stability.Therefore,through theresearch on the regional economic difference and convergence,and the analysis of theinfluencing factor,at last some solutions to the difference were put forward.Since the reform and openness,the huge achievement on the economicdevelopment have been attain,meanwhile,the difference of the economic developmenthave appeared in the country,it trends toward the expansion.With the furtherdevelopment of the economic,the inharmonious phenomenon on the economicdevelopment had been appeared within some regionals. the inharmonious phenomenonon the economic development had present in the lagging western,the tendency isenlarging.Although the first round economic measures boosting western economic hadattained some achievement to some extent, the phenomenon of the economic growthdifference still existed within westward,this actual economic condition wouldinterference the economic measures efficency.The new round economic measures haveput into effect，for how to improve the measures executing efficency,this paper wouldthe difference, convergence and factors of the economic growth in western based onthe Neoclassical growth theory and New growth theory,and expect to find out thesolutions to the economic difficulties in western.The research results are showed asfollows:through the comparison with the absolute size of GDP and the logarithmicvariation coefficient of GDP,the economic growth difference appeared in thewestern;through analysis of the nonlinear fractal theory,the diversity has the tendency toenlarge;through the empirical study of panel data model,there is no obvious absolute βconvergence in the western;for test of the β—conditional convergence,it exists in the western;for the test of the convergence mechanism,there is only the Neoclassicalconvergence mechanism existing in the western,and the New growth mechanism didn’texist in the western；the further analytical on the influencing factors that led theeconomic growth difference in the western was displayed;at last,there is the summary ofthis paper,and some measures were put forward.