Study On The Relationship Between The Resources Development And Economic Growth In Western China

Since the "resource curse" has been put forward,the economic circles have carried out a series of discussions on the two completely opposite views,namely,the theory of "resource blessing" and "resource curse",but no consensus was reached.Internationally,the United States,Britain,Canada and other economic powers obtain the original capital accumulation and economic prosperity through the abundance of natural resources,on the contrary,the Venezuela,Congo and Iraq and other economies with abundant natural resources are in the economic growth dilemma,good natural resource endowment not only become the engine of economic growth,but the inhibitory effect on economic growth,which is a "resource curse".Looking at the domestic,although the total amount of natural resources in our country is abundant,but it shows the characteristics of the small amount of resources per capital and the unbalanced regional distribution.Due to the specific historical background,Eastern coastal areas with relatively scarce resources in China get more policy support,the western region is weak in the transformation of resource advantages into the actual economic advantages,the level of economic development is lagging behind,economic gap appears between East and West.At present,China has entered a new stage of heavy and chemical industry,the rapid increase in the demand for resources,if the western region does not change the situation of over reliance on resources,over time,will fall into the "resource curse trap".With the development concept which are "innovation,harmony,green,open and sharing" has been put forward in China's "13th Five-Year" planning,China's economic development has entered a period of adjustment of economic structure,the extensive mode of economic growth in the past is not suitable for the development trend of our country in the future.In view of this,based on the resource development in the western area of our country as the research object,using provincial panel data as the samples,based on the relevant research and analysis,the "resource curse" hypothesis of "inverted U" nonlinear relation between resource development and economic growth is put forward,further empirical research and test the transmission mechanism of "resource blessing" and "resource curse" into the same framework,in order to quell the academic debate,narrow the differences in academic circles,and provide theoretical support for the economic growth of resource rich areas,provide the basis for the government to formulate relevant policies.Under this background,taking the western area of China's 11 provinces,municipalities and autonomous regions except Tibet 2006-2015 data as the research object,in the framework of the theory of economic growth,the previous research on the relationship between economic growth and resource development of literature and views were summed up,in order to resource development and economic growth have met more in-depth.The relationship between resource development and economic growth is determined by panel regression,and the influence of resource development and economic growth is estimated.At the same time,this paper conducts an empirical study on the transmission mechanism of "resource curse".On the basis of the above research,this paper puts forward some policy suggestions to break the resource curse.The main contents are as follows: the first part,firstly analysis the research background current affairs,research purpose and significance,through the review of literature home and abroad,combined with China's resources area of slow economic development reality,the dissertation puts forward the research question: what is the relationship between China's western region development and resources economic growth? Secondly,explain the research ideas,research methods,research content,research framework and main innovation points;the second part,the theory of economic growth and the theory of "resource curse" are expounded,the evaluation system of this article formed based on the sum of the former theory,the 7 hypotheses proposed in this paper;the third part,based on the empirical analysis of the relationship between resource exploitation and economic growth by resource curse,the relationship between resource development and economic growth in Western China is verified by preliminary statistical observation,in the framework of economic growth theory and the theory of "resource curse" transmission mechanism,the relevant variables are selected and the regression model is established.Empirical research on the relationship between resource development and economic growth in the western region by using the panel data of 2006-2015 in China except Tibet 11 provinces,municipalities and autonomous regions After the test,the empirical analysis by the method of controlling variables by adding the control variables,in order to study the influence on the emphasis on the correlation effect between variables and effect of inverted U curve and its inflection point;the fourth part,based on the "resource curse" hypothesis to explain the relationship between economic growth and resource development based on the analysis of the existing research.On the combination of China's western area actual,alternative variables selected "effect" and build dynamic panel regression model,the empirical research on the conduction mechanism of "resource curse",provide a theoretical basis for solving the resource curse;the fifth part,break the "resource curse" countermeasures.At the end of this paper,the research results,innovations and shortcomings are summarized.Through the above empirical research,draw the following conclusions:(1)There is U curve relationship between resources development and economic growth,which verifies the hypothesis,the inflection point calculated curve is 46.3147%,when the resource development strength is less than one value,resource development will show to promote economic growth role in the "resource blessing" state;when the economic growth is too dependent on the resources industry caused by resource development strength is greater than the inflection point value,exploitation of resources caused by mismatch,dividend rent-seeking and corruption and other negative effects will prevail,resource development activities has not only become the economic growth of the gospel,but make it fall into the "resources advantage trap".(2)The inflection point of the inverted U curve between resource development and economic growth is different for the introduction of different factors.All variables have increased the inflection point value,delaying the arrival of "resource curse" effect,especially the private economic development,the development of manufacturing industry and the opening degree of the three variables to delay the most significant effect,is a key factor to determine the "resource curse" can be successfully avoid the government intervention,while promoting economic growth but increase the "resource curse" of the risk,is not conducive to "avoid resource curse".(3)In the sample provinces,most provinces in the western region of our country is still in the "blessing" development provinces,resource development is a positive role in promoting economic growth,only Xinjiang has been in a "Curse" type development provinces,natural resources development inhibiting economic growth phenomenon.From the provincial resource development intensity mean,Xinjiang is in the resource curse,Ningxia,Shanxi has been close to the curve inflection point,if not promptly take measures,it is likely to fall into the resource curse trap.(4)The "resource curse" effect of resource development on the economic growth in Western China is realized through the following four indirect mechanisms which are its “Dutch disease effect” to manufacturing industry,"crowding out effect" to technological innovation input and “weakening effect of system” to opening degree and marketization degree.The research characteristics and innovations of this paper lies in: the research is carried out under the nonlinear framework,which provides a reasonable explanation for the coexistence of "resource blessing" and "resource curse";most of the research is to conduct research in the linear framework,which believe that there is a "resource curse" in China's western region,this paper studies on nonlinear framework.The results showed that in western region of China,only Xinjiang has been in a "resource curse",Ningxia and Shanxi from near the inflection point.Different from previous research conclusions,the empirical study found that the current government intervention in the western region is appropriate,which promote economic growth,but at the same time,government intervention will cause the inflection point forward,resulting in the phenomenon of resource curse.Therefore,the government should carry out appropriate intervention,to prevent excessive intervention.Among the many influencing factors,the private economic development,the development of manufacturing industry and the openness of the three variables can significantly delay the effect of resource curse.