CEU eTD Collection (2016); Asim, Demiran: China's western region: infrastructure investments and economic growth

CEU Electronic Theses and Dissertations, 2016
Author Asim, Demiran
Title China's western region: infrastructure investments and economic growth
Summary The Western Development Program had a high impact on the western regional development of China, initiated by the major governmental leaders of China. This strategy contributed for a long term growth of the region and for the country as well, by increasing the infrastructure investments in the western region and developing the regional economies of comparative advantage. For this research was implemented the simplified version of growth theory by looking at investments only, and in a long run it was expected for the factors of economic growth to diverge or converge. This phenomenon is approved by the implemented data analysis which showed that in a long run, considering the investments, the incomes per capita and the growth rate converged between the regions. It explains that, by increasing investments in the low developed regions, in a long run, the factors of economic growth will become closer to those of more developed regions. However, the disparity between and within the regions remained as a result of the increased political influence over the funds allocation and revenue collection.
Supervisor Kemmerling, Achim
Department International Relations MA
Full texthttps://www.etd.ceu.edu/2016/asim_demiran.pdf

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