Effects of trade openness and market scale on different regions

3rd International Conference on Energy Materials and Environment Engineering

能源学;生态环境科学

Tian, Renqu^1 ; Yang, Zisheng^2

Institute of Economics, Yunnan University of Finance and Economics, Kunming, Yunnan, China^1

Institute of Land and Resources and Sustainable Development, Yunnan University of Finance and Economics, Kunming, Yunnan, China^2

关键词: Estimation techniques;    Geographical locations;    Gross domestic products;    Instrumental variables;    Macroeconomic policies;    Ordinary least squares;    Regional differences;    Regional disparities;   

Others  :  https://iopscience.iop.org/article/10.1088/1755-1315/61/1/012004/pdf
DOI  :  10.1088/1755-1315/61/1/012004

学科分类：环境科学（综合）

来源: IOP

【 摘 要 】

This paper revisits the relationship between growth, trade openness and market scale. Empirical studies have provided that area develops lopsided problem in China is increasingly serious, while large trade openness and market scale bring about more economic growth. We use a number of data set from province-level's gross domestic product and socio-economic, as well as statistical methods panel ordinary least squares and instrumental variables estimation techniques to explore the effects of trade openness and regional market scale on the three major economic regions. The results indicate: Firstly, the impact of market scale and trade openness on economic growth is found to be positive. Secondly, the overall regional disparity is owing to the trade openness, market scale and macroeconomic policies. Thirdly, midland and western region should take advantage of regional geographical location and resource to expand exports and narrow the regional difference.