natural resources, institutional quality, and economic growth in china

natural resources, institutional quality, and economic growth in china

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時間:2018-02-10

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1、EnvironResourceEcon(2014)57:323343DOI10.1007/s10640-013-9673-8NaturalResources,InstitutionalQuality,andEconomicGrowthinChinaKanJi·JanR.Magnus·WendunWangAccepted:26April2013/Publishedonline:10May2013?SpringerScience+BusinessMediaDordrecht2013AbstractTheresourcecursehasbeenmainlystudiedusingcross

2、-countrysamples.Inthispaperweanalyzeacross-provincesamplefromonecountry:China.Wefocusontheinterplaybetweenresourceabundance,institutionalquality,andeconomicgrowth,usingtwodifferentmeasuresofresourceabundance(astock:resourcereserves;anda?ow:resourcerevenues),andemployingvariouseconometricapproac

3、hesincludingvaryingcoef?cientmodels.We?ndthatresourceabundancehasapositiveeffectoneconomicgrowthattheprovinciallevelinChinabetween1990and2008,aneffectthatdependsnonlinearlyoninstitutionalquality(1995con?denceincourts).TheWestChinaDevelopmentDrivepolicy,initiatedin2000,causedsubstantialchanges,w

4、hichweinvestigatethroughacomparativepanel-dataanalysis.KeywordsNaturalresourcecurse·Economicgrowth·China·Institutionalquality·Resourceabundance·Policychange·FunctionaleffectJELClassi?cationO11·O13·O53·C21·Q0·Q331IntroductionSincereformistswithintheChineseCommunistPartyinitiatedaprogramofeconomi

5、creformsinDecember1978,Chinahasbeentheworldsfastest-growingmajoreconomywithconsistentgrowthratesofaround10%overthepastthirtyyears.ChinaisalsothelargestWearegratefultoThorstenBeck,ErwinBulte,PavelCíek,ReyerGerlagh,HarryHuizinga,CharlesvanˇMarrewijk,DaanvanSoest,andseminarparticipantsatTilburgUni

6、versityforusefulcomments;toYingFangandYangZhaoforstimulatingustoinvestigatethistopicandsharinginstitutionaldata;andtotworefereesforconstructivecomments.K.Ji·W.WangCentER,TilburgUniversity,Tilburg,TheNetherlandsJ.R.Magnus(B)DepartmentofEconometricsandOperationsResearch,TilburgUniversity,POBox901

7、53,5000LETilburg,TheNetherlandse-mail:magnus@uvt.nl123324K.Jietal.exporterandsecondlargestimporterofgoodsintheworld.Atthesametimetheproductionofnaturalresourceshasincreasedsharply.ThesenaturalresourcesarenotevenlydistributedoverCh

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