Foreign Direct Investment and Unequal Regional Economic Growth in China



Export as endogenous (and therefore not included) variable in the data for China is
supported by the following estimated equation:

FEXPPC = .02674 + .006470*FDFIPC + .8852FEXPPC(-1) + .1579SEZ
(.88)      (5.47)            (24.72)              (3.13)

R2 = .9165 Adj.R2 = .9154 Obs. = 232

Where

FEXPPC - fixed price export per capita

Literature.

Beijing Review (1986).

China Statistical Yearbook, 1997, State Statistical Bureau, P. R. China.

Fan. C.C .1992 Regional Impacts of Foreign Trade in China, 1984-1989. Growth and
Change: A Journal of Urban and Regional Policy.

Fan, C. C. and Casetti, E. (1994). “The spatial and temporal dynamics of US regional
income inequality, 1950-1989”, Annual Regional Science, 28, pp.177-196.

Hansen, J. D. and Zhang, J. (1996). “A Kaldorian approach to regional economic
growth in China”, Applied Economics, 28, pp. 679-685.

IMF: “International Financial Statistics Yearbook, 1997”.

Kristensen G. and Zhang J. 1998. European Economic Convergency - and the

entrance of new members in the European Union. Paper presented at RSA 1997

26



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