Research On The Impact Of Market Integration On China's Regional Economic Development Gap

Since the reform and opening up 40 years ago,China's economy has achieved sustained and rapid development,but behind this there is an established fact that the economic gap in the eastern and western regions is gradually widening.Although some studies have shown that the phenomenon of unbalanced economic development is the only way for a country or a region to achieve economic development,the regional development imbalance has become a major obstacle to the sustainable and healthy development of China's economy and society.To narrow the current our country present the features of regional economic development gap between,to speed up the implementation of a balanced development of the economy,this article on the basis of induction and combing the literature,found the market integration is the key factors influencing the regional economic differences,and can not be ignored,therefore,this article in view of the current situation of the development of the regional market integration in our country,and the influence of market integration of regional economic development gap,actively explore how to break the barrier of the market,to realize the free flow of elements,regional economy can achieve in the future of our country in developing towards a balanced posture can provide more valuable countermeasure and suggestion.To this end,this paper first need to define the scope of research in the key variable market integration,our overallmarket integration variables particular way is divided into the internal and external market integration,market integration and then through relative price method and the adjusted foreign trade dependency method respectively from two aspects: the national and regional,to segment after the integration of the internal market and external market integration level measure,with vettel index for measuring the relative level of regional disparities,by establishing a dynamic panel model,after using the system of generalized moment estimate GMM method to make an empirical analysis of the market integration and regional economic disparities.First,from the development level of China's external market integration.Since 1978,China has opened up more to the outside world than to the inside world.On the whole,the development level and quality of China's external market integration have been significantly improved,and this process of external market integration is obviously faster than that of internal market integration.At the same time,the implementation of this economic opening policy also leads to different development opportunities in different regions,followed by a dynamic development trend that the earlier the economic opening,the higher the degree of opening,and the higher the overall quality and level of economic development.In general,the improvement of external market integration level is conducive to narrowing the regional gap,but its influence degree is the east > central > west.Second,from the perspective of the development level of internal market integration,the effect of internal market integration on the unbalanced growth of regional economy is non-linear,that is,it first widens the gap and then shrinks the gap,and its influence degree is the middle of > in the east and > in the west.Thirdly,from the perspective of the effects of internal and external interactions of market integration on regional economic development differences,and from the perspective of the overall empirical results,it plays a role in promoting the balanced development of China's economy.From the perspective of the regression coefficient of the empirical results of subregional,because the whole covered in different parts of the evolution of the market integration process in the different stages of development,and the inner differences of each region economic development structure is different also,so interactive items on the coordinated development of regional economy differences in eastern and central regions play a role of the alternative,and the eastern region effect is more obvious;The western region played a complementary role.