Analysis of the Inverted U-Shaped Relationship Between China's New Urbanization and Economic Growth -Based on Comparison With Traditional Urbanization

Suyun HAO

Abstract


According to the 2001-2016 Chinese provincial panel data, the paper analyzes the nonlinear relationship between China’s new urbanization and traditional urbanization and economic growth. The results show that there is an “inverted U-shaped” relationship between the old and new urbanization and economic growth in China, but the turning point of the new urbanization economic growth effect will appear later, which will have a more lasting effect on economic growth. From the perspective of economic growth, it proves the necessity and urgency of the urbanization development tradition to the new type of transformation and upgrading, and proposes to promote the coordinated development of new urbanization and rural revitalization in China.


Keywords


China’s new urbanization; Economic growth; Inverted U-shaped relationship

Full Text:

PDF

References


Barro, R. J., & Sala-I-Martin, X. (1997). Technology diffusion, convergence and growth. Journal of Economic Growth, 2(1).

Black, D., & Henderson, V. (1999). A theory of urban growth. Journal of Political Economy, 107(2).

Fan, Z., & Zhou, S. (2018).The effect of new urbanization on economic growth—Research based on the dynamic panel data models with spatial errors (In Chinese with English abstract). Journal of Applied Statistics and Management, 37(1), 146-15..

Gao, T., Gui, G., & Liu, S. (2018). Moderate urbanization, industrural adjustment and economic growth (in Chinese with English abstract). Jilin University Journal Social Science Edition, 58(3), 32-43.

Islam, N. (1995). Growth empirics: A panel data approach. Quarterly Journal of Economics, 110(4).

Krey, V., O’Neill, B. C., Ruijven, B. V., Chaturvedi, V., Daioglou, V., Eom, J. Y., … Ren, X. L. (2012). Urban and rural energy use and carbon dioxide emissions in Asia. Energy Economics, 34(2).

Lan, Q., Liu Z., & Peng, Y. (2017). The construction of evaluation index system for quality of new-pattern urbanization and its evaluation method: Based on study of spatial differences among China’s 31 provinces (cities) during the year of 2003 to 2014 (in Chinese with English abstract). Southern Economy, 1, 111-126.

Wang, D., Cai, F., & Zhang, X. (2004). Saving and growth effect of demographic transition: The population factor in the sustainability of China’s economic growth (in Chinese with English abstract). Population Research, 28(5), 2-11.

Xie, Z. (2014). Life quality improvement, acceleration of urbanization and economic growth (in Chinese with English abstract). Shanghai Journal of Economics, 7, 14-21.

Xiong, X., & Xu, Z. (2018). Research on level and mechanical machine under the guidance of new urbanization (in Chinese with English abstract). The Journal of Quantitative & Technical Economics, 2, 44-63.

Zhang, Y. (2014). Urbanization and provincial economic growth (1987-2012): From the view of trade openness (in Chinese with English abstract). Journal of Financial Research, 7, 49-62.

Zhao, Y., & Xu, Y. (2014). Effect of new urbanization on economic growth: Spatiotemporal differentiation and conduct path (in Chinese with English abstract). Journal of Business Economics, 274(8), 48-56.

Zhen ,X. (2014).The contribution of urbanization to China’s economic growth and its ways of realization (in Chinese). Chi

Zhu, K., Li, J., & Yue, F. (n.d.). Empirical analysis on the relationship between China urbanization and economic growth (in Chinese). Statical Research. 28(9), 80-87.




DOI: http://dx.doi.org/10.3968/10768

Refbacks

  • There are currently no refbacks.


Copyright (c) 2019 Suyun Hao

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Share us to:   

Reminder

We are currently accepting submissions via email only.

The registration and online submission functions have been disabled.

Please send your manuscripts to ibm@cscanada.net，or  ibm@cscanada.org  for consideration. We look forward to receiving your work.



 Articles published in International Business and Management are licensed under Creative Commons Attribution 4.0 (CC-BY).

 INTERNATIONAL BUSINESS AND MANAGEMENT Editorial office

Address: 1055 Rue Lucien-L'Allier, Unit #772, Montreal, QC H3G 3C4, Canada.
Telephone: 1-514-558 6138 
Website: Http://www.cscanada.net Http://www.cscanada.org 
E-mail: caooc@hotmail.com

Copyright © 2010 Canadian Research & Development Centre of Sciences and Cultures