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    政大機構典藏 > 商學院 > 金融學系 > 期刊論文 >  Item 140.119/78206
    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/78206


    Title: Globalization, Economic Growth and Institutional Development in China
    Authors: Lee, Chien-Chiang;Lee, Chi-Chuan;Chang, Chun-Ping
    李起銓
    Contributors: 金融系
    Keywords: C33;China;economic growth;F59;Globalization;institutionalized autocracy;O53
    Date: 2015-03
    Issue Date: 2015-09-02 17:05:25 (UTC+8)
    Abstract: Unlike most previous works which commonly define globalization as a strict economic characteristic, using the overall globalization index and its three sub-dimensions – economic, social and political integrations to proxy openness, this paper examines the effect of globalization on economic growth associated with autocratic institutional in China, using the a two-step dynamic panel generalized method of moments technique in a panel of 30 provinces, municipalities and the autonomous regions over the period of 1970–2006. We find that different globalization indices have different impacts on regional economic growth. Also, autocracy may harm regional development, but these conclusions are very sensitive to different globalization variables specifications. Further, considering the interactive effects between globalization and economic growth, we show that in the period of higher global integration, the higher democracy (lower autocracy) may harm economic growth in the case of China. We emphasize that democracy is clearly not a necessary condition for the purpose of economic growth in China.
    Relation: Global Economic Review, 44(1), 31-63
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1080/1226508X.2015.1011777
    DOI: 10.1080/1226508X.2015.1011777
    Appears in Collections:[金融學系] 期刊論文

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