Study On Regional Economic Growth Based On The Theory Of Spatial Econometrics

Economic growth is the focus of research in the economic field,and it should be given full attention in both countries and regions.However,not many scholars will take full account of the dependence and relevance of space in economic research,especially in the study of traditional economic growth.Nowadays,it depends on the further development of scientific theory,and the combination of spatial econometrics has become a trend in the study of economic growth.With the rapid progress of economy of Hunan province at the same time it still has not balance the problem of insufficient or inadequate,equivalence between the regional economic situation,and these problems will obviously adverse impact on the local economy development.In view of this,with the aid of spatial econometric method to explore Hunan province has the space effect of economic growth and convergence between city will become the coordination,the basic theory of regional economic development in Hunan province as a whole.In order to choose the best analysis method and ensure the reliability of the results,this paper introduced the basic spatial measurement,economic growth convergence and related new classical economic growth theory,and the associated with some econometric model and design method for fully expounded.On this basis,through the collection and processing of 2005 to 2016,14 province of Hunan province,the relevant data,including not only the GDP and industrial structure,but also the population situation in these areas,investment in fixed assets,etc.,can fully reflect the region's economic growth related situation,explain the difference and the increase of the influence factors.Next,on the basis of the data in the area,with the introduction of spatial weight matrix and the regression equation,on relevant indicators and data interpretation,and in order to comprehensive evaluation and test the province with the effect of the economic growth needed a related software such as GIS,Stata,Geoda to complete.In the discussion of the province's economic convergence effect,similar should also with the aid of spatial econometric methods,this method can well realize the different urban areas of the region's economic development level is analyzed,and involves the conditions of the beta and absolute beta test effectively.Convergence analysis based on the economic growth,combined with spatial econometric theory,Hunan province regional economic growth there is conditional convergence between the city and the economy there is a space between the effect of spatial correlation and spillover effects.Based on the above results,this paper puts forward the following countermeasures and Suggestions in order to keep the economic development of Hunan province stable,healthy and harmonious.