Research On Convergence And Mechanism Of Regional Economic Discrepancy In Xinjiang

The disparities of regional economic has been a research focus, and theresearch perspective and methods used vary. This dissertation analyze the regionaleconomic discrepancy in Xinjiang, from the perspective of economic convergence.The research on the convergence of regional economic discrepancy,in the1995-2012period, from the macro and micro perspective, uses the panel data model. The papermainly uses the method, containingσindex, absoluteβconvergence andconditionalβconvergence, to test convergence, when studying regional economicdifferences from the macro perspective. And economic convergence of microscopicmechanisms contain three aspects: capital convergence mechanism, labor productivityand technological mechanism. So the main conclusions are as follow:First, regardless of the absolute discrepancy or the relative discrepancy, regionaleconomic differences always have the remarkable features, which significantlyexpanded after a smooth change, and then gradually fell, mainly demarcation point in2000and2006. The growth rate of per capita GDP is the highest between2000and2006. If expanding the time range, the growth rate after2000is significantly higherthan that before2000. These changes indicate that the relevant economic policiesfrom government are beneficial to the health development of the regional economic.Second, when studying regional economic convergence from the macroperspective, σ and absoluteβconvergence test have consistent conclusions, theregional disparities is rapid expanding in the2000-2006period, which is the period ofthe economic develop fast. The regional economic disparities have converged in therest period. After considering the factors affecting regional economic differences, theresearch finds regional economic disparities has converged during this period, butthere are large differences in the role played by various factors. Since2000, the laborforce, the level of industrialization and fixed capital investment have promoted afaster development of backward regions, which is beneficial to the economicdifferences. But the financial expense and the degree market have maked regionaldifferences continue to expand, and the impact on the economy of xinjiang is less thanthe first three. Third, when studying regional economic convergence from the microperspective, the discrepancy of physical capital growth converges overall. Thedevelopment of index is stable, but there are still observed convergence trend, whichhas declined on the convergence rate. The effect on the economic convergence, whichis from labor productivity, is also a stage. The convergence mechanism of laborproductivity has a significant role since2007. This paper also estimates the growthrate of TFP and technological progress in all regions by using Malmquist indexmethod. The data about range rate of TFP before2006indicate that TFP is growing.But that data has a weak decline between2007and2012. The convergence test findthe growth rate of regional TFP tends to converge, which shows the discrepancy ofTFP among the regions decrease.