Foreign Direct Investment and Unequal Regional Economic Growth in China



Investment Growth over Years and Wealth

FIGURE 1. Distribution of change in investments, GI, versus YEAR and relative
income, DY.

FIGURE 2. Distribution of relative growth rate, DGY, versus YEAR and level of
relative income DY, calculated by the equations (24) and (31) and using equation
(33). (Sample conditions: DSEZ = 0, GI1 = GI2, DY2 = 0)..


Figure 2 shows converging growth at the start and end of the period and diverging
growth in the middle that is 1992-1994.

14




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