scholarly journals IMPACTS OF EDUCATIONAL FACTORS ON ECONOMIC GROWTH IN REGIONS OF CHINA: A SPATIAL ECONOMETRIC APPROACH

2015 ◽  
Vol 23 (6) ◽  
pp. 827-847 ◽  
Author(s):  
Kangjuan LV ◽  
Anyu YU ◽  
Siyi GONG ◽  
Maoguo WU ◽  
Xiaohong XU
Keyword(s):  
Economic Growth ◽  
Capital Investment ◽  
Cumulative Effect ◽  
Spillover Effects ◽  
Spatial Effects ◽  
Estimation Model ◽  
Spatial Spillover ◽  
Economic Output ◽  
Spatial Spillover Effects ◽  
Educational Factors

This paper investigates the impacts of educational factors on economic growth across 31 provinces during 1996 and 2010 in China. A spatial panel estimation model is applied to study the impacts of education on economic growth taking into account the spatial spillover effects in Feder model and the cumulative effect. The results reveal that (1) educational factors are significantly spatially autocorrelated. Educational factors have spatial spillover effects. Regional differences of education impacts still exist. (2) Average schooling year has a more positive effect on economic output than capital investment and labor force. Basic education might play a more important role in economic growth. (3) Education sector also benefits non-education sectors on economic growth if “spatial effects of economic shocks” are considered. Some policies that may enhance education development and their impacts on economic growth are proposed.

scholarly journals Spatial spillover effects of county-scale tourism economic growth in Zhejiang Province

2020 ◽  
Vol 39 (9) ◽  
pp. 1512-1521
Author(s):  
Xiaoyan CHEN ◽  
Dong XU ◽  
Rui HUANG ◽  
Xiaohai HU ◽  
Zhenfang HUANG ◽  
...  
Keyword(s):  
Economic Growth ◽  
Spillover Effects ◽  
Zhejiang Province ◽  
Spatial Spillover ◽  
Spatial Spillover Effects ◽  
County Scale

scholarly journals Government Education Expenditure, Third-party Spillover Effect and Economic Growth in China

2016 ◽  
Vol 9 (2) ◽  
pp. 145 ◽  
Author(s):  
Jiangyi Qi
Keyword(s):  
Economic Growth ◽  
High Education ◽  
Positive Impact ◽  
Spillover Effects ◽  
Third Party ◽  
Education Expenditure ◽  
Spatial Spillover ◽  
Government Education ◽  
Local Economic Growth ◽  
Spatial Spillover Effects

This paper investigates the impacts of government education expenditure on economic growth in China taking into account the spatial third-party spillover effects. After the theretical analyse, a spatial panel estimation model based on the augmented Solow model is applied by using province data in China during 2007 and 2013. The results reveal that (1) In a whole, Government education expenditure in China has significantly positive impact on economic growth, but expenditure in different educational level shows different results. Government education expenditure in below high-education is positive related to local economic growth, whereas the effect of education expenditure in high-education is insignificant. (2) Neighboring government education expenditure shows spatial spillover effects on local economic growth, and spatial spillover effects in two education level is different. (3) Other input factors of third-governmet also have spatial effects. Some policies about education and economic development are proposed. Meanwhile this study recommends that corporation relationship among regions is very important.

scholarly journals Spatial Spillover Effect and Action Path of Electricity Consumption Driven by China’s Financial Development based on Global Co-integration

2021 ◽  
Author(s):  
Jianjun Xu ◽  
Xuejiao Ma ◽  
Xiaoqing Xu
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Industrial Structure ◽  
Electricity Consumption ◽  
Structure Optimization ◽  
Spillover Effects ◽  
Short Term ◽  
Spatial Spillover ◽  
Spatial Spillover Effects ◽  
Industrial Structure Optimization

Abstract Although studies on the influencing factors of electricity consumption are rich, the focus on the relationship between financial development and electricity consumption is scarce due to the characteristics of financial sector. In fact, the financial development cannot only increase electricity consumption, but also have the spatial spillover effects. Based on the global spatial modelling techniques, the long-term and short-term relationship between financial development and electricity consumption is examined, and the intermediary effect of financial development on electricity consumption through economic growth, urbanization and industrial structure optimization is also verified. Results show that there is a global co-integration relationship between financial development, economic growth, urbanization, industrial structure optimization and China's electricity consumption, rather than a local co-integration relationship. When the short-term change of electricity consumption deviates from the equilibrium state, the global error correction mechanism can promote the unbalanced system to return to equilibrium from time and spatial dimension. This study not only confirms the spatial spillover effects, but also heterogeneous influences of financial development on electricity consumption, which provides new evidence to make relevant policies.

scholarly journals Spatial Effects and Nonlinear Analysis of Energy Consumption, Financial Development, and Economic Growth in China

Energies ◽  
2020 ◽  
Vol 13 (18) ◽  
pp. 4982 ◽  
Author(s):  
Huan Zhou ◽  
Shaojian Qu ◽  
Qinglu Yuan ◽  
Shilei Wang
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Financial Development ◽  
Spillover Effects ◽  
Regional Economic Growth ◽  
Low Carbon ◽  
Regional Economic ◽  
Spatial Spillover ◽  
Econometric Methods ◽  
Spatial Spillover Effects

Energy consumption is of great significance to the sustainable development of the economy. Due to the spatial heterogeneity of low-carbon growth in regional economies, the relationship between energy consumption and economic growth is complicated. However, a few researches have been published about spatial spillover effects and non-linearity of energy consumption and financial development on regional economic growth in China. Based on the panel data of 30 provinces in China from 2007 to 2017, this paper analyzes the spatial spillover effects and threshold effects of energy consumption and financial development on regional economic growth by using spatial and nonlinear econometric methods. The main conclusions are as follows. Spatial econometric methods show that financial development and energy consumption are two factors of production input to promote China’s economic growth. Meanwhile, energy consumption and financial development have spillover effects on regional economic growth. Additionally, the nonlinear econometric method finds that with increasing financial development, the impact of energy consumption on economic growth is segmented. Therefore, relevant policies should be implemented to enhance the role of finance in energy consumption to promote low-carbon growth of China’s economy.

scholarly journals Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis

2021 ◽  
Vol 9 ◽  
Author(s):  
Pu Bai ◽  
Yixuan Tang ◽  
Weike Zhang ◽  
Ming Zeng
Keyword(s):  
Economic Policy ◽  
Healthcare Expenditure ◽  
Spatial Clustering ◽  
Spillover Effects ◽  
Policy Uncertainty ◽  
Spatial Effects ◽  
Economic Policy Uncertainty ◽  
Spatial Spillover ◽  
Eastern Area ◽  
Spatial Spillover Effects

A growing body of research has documented the determinants of healthcare expenditure, but no known empirical research has focused on investigating the spatial effects between economic policy uncertainty (EPU) and healthcare expenditure. This study aims to explore the spatial effects of EPU on healthcare expenditure using the panel data of 29 regions in China from 2007 to 2017. Our findings show that healthcare expenditure in China has the characteristics of spatial clustering and spatial spillover effects. Our study also shows that EPU has positive spatial spillover effects on healthcare expenditure in China; that is, EPU affects not only local healthcare expenditure but also that in other geographically close or economically connected regions. Our study further indicates that the spatial spillover effects of EPU on healthcare expenditure only exist in the eastern area. The findings of this research provide some key implications for policymakers in emerging markets.

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