اشترك بالحزمة الذهبية واحصل على وصول غير محدود شمرا أكاديميا
تسجيل مستخدم جديدCollective Learning in Chinas Regional Economic Development
88
0
0.0
(
0
)
اسأل ChatGPT حول البحث
ﻻ يوجد ملخص باللغة العربية
Industrial development is the process by which economies learn how to produce new products and services. But how do economies learn? And who do they learn from? The literature on economic geography and economic development has emphasized two learning channels: inter-industry learning, which involves learning from related industries; and inter-regional learning, which involves learning from neighboring regions. Here we use 25 years of data describing the evolution of Chinas economy between 1990 and 2015--a period when China multiplied its GDP per capita by a factor of ten--to explore how Chinese provinces diversified their economies. First, we show that the probability that a province will develop a new industry increases with the number of related industries that are already present in that province, a fact that is suggestive of inter-industry learning. Also, we show that the probability that a province will develop an industry increases with the number of neighboring provinces that are developed in that industry, a fact suggestive of inter-regional learning. Moreover, we find that the combination of these two channels exhibit diminishing returns, meaning that the contribution of either of these learning channels is redundant when the other one is present. Finally, we address endogeneity concerns by using the introduction of high-speed rail as an instrument to isolate the effects of inter-regional learning. Our differences-in-differences (DID) analysis reveals that the introduction of high speed-rail increased the industrial similarity of pairs of provinces connected by high-speed rail. Also, industries in provinces that were connected by rail increased their productivity when they were connected by rail to other provinces where that industry was already present. These findings suggest that inter-regional and inter-industry learning played a role in Chinas great economic expansion.
قيم البحث
اقرأ أيضاً
Two network measures known as the Economic Complexity Index (ECI) and Product Complexity Index (PCI) have provided important insights into patterns of economic development. We show that the ECI and PCI are equivalent to a spectral clustering algorith
m that partitions a similarity graph into two parts. The measures are also related to various dimensionality reduction methods and can be interpreted as vectors that determine distances between nodes based on their similarity. Our results shed a new light on the ECIs empirical success in explaining cross-country differences in GDP/capita and economic growth, which is often linked to the diversity of country export baskets. In fact, countries with high (low) ECI tend to specialize in high (low) PCI products. We also find that the ECI and PCI uncover economically informative specialization patterns across US states and UK regions.
Capital usually leads to income, and income is more accurately and easily measured. Thus we summarize income distributions in USA, Germany, etc.
Technological improvement is the most important cause of long-term economic growth, but the factors that drive it are still not fully understood. In standard growth models technology is treated in the aggregate, and a main goal has been to understand
how growth depends on factors such as knowledge production. But an economy can also be viewed as a network, in which producers purchase goods, convert them to new goods, and sell them to households or other producers. Here we develop a simple theory that shows how the network properties of an economy can amplify the effects of technological improvements as they propagate along chains of production. A key property of an industry is its output multiplier, which can be understood as the average number of production steps required to make a good. The model predicts that the output multiplier of an industry predicts future changes in prices, and that the average output multiplier of a country predicts future economic growth. We test these predictions using data from the World Input Output Database and find results in good agreement with the model. The results show how purely structural properties of an economy, that have nothing to do with innovation or human creativity, can exert an important influence on long-term growth.
Evaluating the economies of countries and their relations with products in the global market is a central problem in economics, with far-reaching implications to our theoretical understanding of the international trade as well as to practical applica
tions, such as policy making and financial investment planning. The recent Economic Complexity approach aims to quantify the competitiveness of countries and the quality of the exported products based on the empirical observation that the most competitive countries have diversified exports, whereas developing countries only export few low quality products -- typically those exported by many other countries. Two different metrics, Fitness-Complexity and the Method of Reflections, have been proposed to measure country and product score in the Economic Complexity framework. We use international trade data and a recent ranking evaluation measure to quantitatively compare the ability of the two metrics to rank countries and products according to their importance in the network. The results show that the Fitness-Complexity metric outperforms the Method of Reflections in both the ranking of products and the ranking of countries. We also investigate a Generalization of the Fitness-Complexity metric and show that it can produce improved rankings provided that the input data are reliable.
The transmission of COVID-19 is dependent on social contacts, the rate of which have varied during the pandemic due to mandated and voluntary social distancing. Changes in transmission dynamics eventually affect hospital admissions and we have used t
his connection in order to model and predict regional hospital admissions in Sweden during the COVID-19 pandemic. We use an SEIR-model for each region in Sweden in which the infectivity is assumed to depend on mobility data in terms of public transport utilisation and mobile phone usage. The results show that the model can capture the timing of the first and beginning of the second wave of the pandemic. Further, we show that for two major regions of Sweden models with public transport data outperform models using mobile phone usage. The model assumes a three week delay from disease transmission to hospitalisation which makes it possible to use current mobility data to predict future admissions.
سجل دخول لتتمكن من نشر تعليقات
التعليقات
جاري جلب التعليقات
سجل دخول لتتمكن من متابعة معايير البحث التي قمت باختيارها
