Skip to main content

LUP Student Papers

LUND UNIVERSITY LIBRARIES

21st Century Market Integration in China: An Analysis Based on The Average Wages of Urban Units at Provincial Level

Guo, Mingyang LU (2013) EKHR71 20131
Department of Economic History
Abstract
Abstract: China is a huge country which had experienced economic booms since the last thirty years, while the country had become one of the world’s largest economies, its internal disorders arising from growing disparities between regions had become one of the important impediments for further growth and causes for social instability. At such stake, attentions were paid by the government around 2000 to encourage market integration. In this paper, the Sigma convergence, Beta convergence as well as the Correlation coefficient were used to analyze the average wages of urban units at provincial level from 2000 to 2011, as a measure for the market integration during this period. The results showed that during this period, there was a... (More)
Abstract: China is a huge country which had experienced economic booms since the last thirty years, while the country had become one of the world’s largest economies, its internal disorders arising from growing disparities between regions had become one of the important impediments for further growth and causes for social instability. At such stake, attentions were paid by the government around 2000 to encourage market integration. In this paper, the Sigma convergence, Beta convergence as well as the Correlation coefficient were used to analyze the average wages of urban units at provincial level from 2000 to 2011, as a measure for the market integration during this period. The results showed that during this period, there was a convergence of average wages of urban units between all provinces as well as between provinces of each of the regions of China, implying the role of the government policies as well as the development towards a more healthier economy in the long run. (Less)
Please use this url to cite or link to this publication:
author
Guo, Mingyang LU
supervisor
organization
course
EKHR71 20131
year
type
H1 - Master's Degree (One Year)
subject
keywords
Key words: China, Wages, Urban units, Market integration, Regional disparities, Government policies, Sigma convergence, Beta convergence, Correlation coefficient, Convergence.
language
English
id
3810170
date added to LUP
2013-08-23 14:55:17
date last changed
2013-08-23 14:55:17
@misc{3810170,
  abstract     = {Abstract: China is a huge country which had experienced economic booms since the last thirty years, while the country had become one of the world’s largest economies, its internal disorders arising from growing disparities between regions had become one of the important impediments for further growth and causes for social instability. At such stake, attentions were paid by the government around 2000 to encourage market integration. In this paper, the Sigma convergence, Beta convergence as well as the Correlation coefficient were used to analyze the average wages of urban units at provincial level from 2000 to 2011, as a measure for the market integration during this period. The results showed that during this period, there was a convergence of average wages of urban units between all provinces as well as between provinces of each of the regions of China, implying the role of the government policies as well as the development towards a more healthier economy in the long run.},
  author       = {Guo, Mingyang},
  keyword      = {Key words: China,Wages,Urban units,Market integration,Regional disparities,Government policies,Sigma convergence,Beta convergence,Correlation coefficient,Convergence.},
  language     = {eng},
  note         = {Student Paper},
  title        = {21st Century Market Integration in China: An Analysis Based on The Average Wages of Urban Units at Provincial Level},
  year         = {2013},
}